[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-0-en-105":3,"doc-seo-203628-105":59,"doc-detail-203628-en":131},{"code":4,"msg":5,"data":6},0,"success",[7,13,18,23,28,33,38,43,48,51,55],{"id":8,"doc_module":4,"doc_module_name":9,"category_name":10,"show_sort_weight":11,"slug":12},1,"Document","Story & Novel",90,"story-novel",{"id":14,"doc_module":4,"doc_module_name":9,"category_name":15,"show_sort_weight":16,"slug":17},2,"Literature",80,"literature",{"id":19,"doc_module":4,"doc_module_name":9,"category_name":20,"show_sort_weight":21,"slug":22},4,"Exam",70,"exam",{"id":24,"doc_module":4,"doc_module_name":9,"category_name":25,"show_sort_weight":26,"slug":27},5,"Comic",60,"comic",{"id":29,"doc_module":4,"doc_module_name":9,"category_name":30,"show_sort_weight":31,"slug":32},6,"Technology",50,"technology",{"id":34,"doc_module":4,"doc_module_name":9,"category_name":35,"show_sort_weight":36,"slug":37},7,"Healthcare",40,"healthcare",{"id":39,"doc_module":4,"doc_module_name":9,"category_name":40,"show_sort_weight":41,"slug":42},8,"Research & Report",30,"research-report",{"id":44,"doc_module":4,"doc_module_name":9,"category_name":45,"show_sort_weight":46,"slug":47},9,"Religion & Spirituality",20,"religion-spirituality",{"id":46,"doc_module":4,"doc_module_name":9,"category_name":49,"show_sort_weight":46,"slug":50},"World Cup","world-cup",{"id":52,"doc_module":4,"doc_module_name":9,"category_name":53,"show_sort_weight":52,"slug":54},10,"Lifestyle","lifestyle",{"id":56,"doc_module":4,"doc_module_name":9,"category_name":57,"show_sort_weight":24,"slug":58},19,"General","general",{"code":4,"msg":60,"data":61},"ok",{"site_id":62,"language":63,"slug":64,"title":65,"keywords":66,"description":67,"schema_data":68,"social_meta":124,"head_meta":126,"extra_data":128,"updated_unix":130},105,"en","virginia-tech-contract-renewal-letter-contract-renewal-letter","Virginia Tech Contract Renewal Letter - Contract Renewal Letter","","Virginia Tech issues a contract renewal letter requesting the vendor’s confirmation to extend an existing agreement for auto comprehensive and collision insurance. The letter specifies the contract number, renewal period, and renewal instance, explains the process for indicating intent by signing in the designated space, and sets a deadline for receipt in Procurement. It also addresses how price adjustments work only upon vendor request at renewal and requests verification and updates to vendor database information for timely invoice processing, including recommended use of the Wells One AP Control Payment System.",{"@graph":69,"@context":123},[70,84,106],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":40,"@type":76,"position":81},"https://docshare.wps.com/document/research-report/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/virginia-tech-contract-renewal-letter-contract-renewal-letter/203628/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/virginia-tech-contract-renewal-letter-contract-renewal-letter/203628.png","ImageObject",300,407,{"name":92,"@type":93},"Sarah ","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-10-29","2026-09-04",true,{"@type":102,"interactionType":103,"userInteractionCount":105},"InteractionCounter",{"@type":104},"ViewAction",12,{"@type":107,"mainEntity":108},"FAQPage",[109,115,119],{"name":110,"@type":111,"acceptedAnswer":112},"What contract is being renewed, and what is the commodity or service?","Question",{"text":113,"@type":114},"The letter renews Virginia Tech Contract # VTS-1240-2020 for auto comprehensive and collision insurance.","Answer",{"name":116,"@type":111,"acceptedAnswer":117},"How does the vendor indicate intent to renew and what timing is required?",{"text":118,"@type":114},"The vendor must sign in the appropriate space on the letter, and a signed copy must be received in Procurement by the stated deadline for that renewal cycle.",{"name":120,"@type":111,"acceptedAnswer":121},"Are price adjustments automatic when renewing the contract?",{"text":122,"@type":114},"No. Price adjustments are not automatic or retroactive; 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Please advise concerning your intention by signing in the appropriate space below. A signed copy of this letter should be received in Procurement by 5/20/23 .  \nIf allowed by the contract, price adjustments must be requested at the time of renewal in accordance with the contract documents. Price adjustments are not automatic or retroactive and are only implemented upon request by the vendor at the time of renewal.  \nIn addition, review the attached form which shows your company information as listed in the university's vendor database. If any of this information has changed, make corrections directly on the form, and return with this letter. It is essential this information be accurate for payments to be processed in a timely manner.  \nVirginia Tech recommends that our vendors utilize the Wells One AP Co","cbCaipbteOe9W0NR","https://ap.wps.com/l/cbCaipbteOe9W0NR","pdf",13651208,198,"English","# Contract Renewal Overview\n## Vendor Intent and Signature Deadline\n## Price Adjustment and Vendor Database Update\n## Wells One AP Control Payment System","[{\"question\":\"What contract is being renewed, and what is the commodity or service?\",\"answer\":\"The letter renews Virginia Tech Contract # VTS-1240-2020 for auto comprehensive and collision insurance.\"},{\"question\":\"How does the vendor indicate intent to renew and what timing is required?\",\"answer\":\"The vendor must sign in the appropriate space on the letter, and a signed copy must be received in Procurement by the stated deadline for that renewal cycle.\"},{\"question\":\"Are price adjustments automatic when renewing the contract?\",\"answer\":\"No. Price adjustments are not automatic or retroactive; they must be requested at the time of renewal in accordance with the contract documents.\"}]","Virginia Tech Contract Renewal Letter - Contract Renewal Letter | PDF",499]