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Date: | Thu, 24 Jul 2008 11:55:17 -0400 |
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On Thu, Jul 24, 2008 at 11:47 AM, McLemore, Dustin <
[log in to unmask]> wrote:
> Contracts are always tricky. Remember that the 4-yr retention period is
> only a standard minimum. Many contracts actually have a mandated
> retention period specified within the contract itself (most often it is
> longer than the 4-yr minimum). Thus, contract admins are very hesitant
> to adhere to the 4-yr mandate specified in the published schedule.
>
That is true, but when I worked for a large company I worked with the
company attorneys to ensure that contracts contained a clause that basically
said that retention would be in accordance with the company's records
retention schedule. I explained that by including different retention
periods in a contract we would not be consistently applying our retention
schedule to the records. We did not specify a time period in the clause
--
Peter Kurilecz CRM CA
[log in to unmask]
Richmond, Va
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