Managed equipment service agreement
4. Term
4.1The Contract Period starts on 1 April 2024 and ends on 31 March 2027.ExtractedContract ends 31 March 2027End of the Contract Period.Clause 4.199%
4.2This Contract will extend automatically for further periods of 12 months unless the Trust gives written notice at least 90 days before the end of the Contract Period.Needs reviewNotice due 31 December 2026Miss it and the contract renews for another 12 months.Clause 4.298%
7. Charges and payment
7.1The Charges are £4.2m a year, exclusive of VAT, payable monthly in arrears within 30 days of a valid invoice.Extracted£4.2m a yearPaid monthly in arrears on 30-day terms.Clause 7.199%
7.4On each anniversary of the Start Date the Supplier may increase the Charges in line with RPI. Any other change needs the written agreement of both Parties.Needs reviewRPI rise with no capAround £168,000 more a year at 4%.Clause 7.496%
15. Liability
15.2Each Party’s total liability under this Contract will not exceed 100% of the Charges paid in the previous 12 months.Needs reviewLiability capped at £4.2mNo separate cap for data loss or patient harm.Clause 15.291%


