But a "Published Schedule" requires the agreement of all interested parties.
 This point needs to be ironed out *before* the schedule is published.  Once
the schedule is published, you are obligated to stick to it or you can lose
cases due to inconsistent handling of your records.

On Thu, Jul 24, 2008 at 10:47 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.
>
> Thanks,
> Dustin
>
> -----Original Message-----
> Steve wrote:  Contracts are to be destroyed 4 years after expiring.  The
> trigger is the expiration/termination date and the actual retention is
> "End of year plus 4." Apparently, they have never gotten rid of any
> expired contracts. Also, they have a lot of contracts that we have no
> records of but, that's not my main concern right now as that's easily
> addressed. Anyway, does anyone have any example of penalties handed out
> (relatively RECENTLY) for failing to follow their retention schedule?
>
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-- 
Graham Kitchen
OTECH International
(866) 333-2015

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