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Out-of-contract rates cost more
When a fixed contract ends without a new one in place, suppliers usually move you onto higher rates until you act.
Notice deadlines catch people out
Many business contracts need written notice 30 to 90 days before the end date. Miss it and you may be rolled over.
Early is cheaper to arrange
Most suppliers quote up to 12 months ahead, so you can fix a price before the old one ends and have time to compare.