Lornefield Pensions Administration - Renewal Proposal v1
Documentdraft Lornefield Pensions Administration: documents · renewal_proposal · draft · 2025-01-29
Internal draft, not sent, proposing a like-for-like Growth renewal for the term ending 2 Apr 2025. It holds the annual price at forty-four thousand pounds with forty users and the same service levels. It flags a fall in active use to understand before signing.
What it says
What this says
Current to 11 Oct 26Internal draft, not sent, proposing a like-for-like Growth renewal for the term ending 2 Apr 2025. It holds the annual price at forty-four thousand pounds with forty users and the same service levels. It flags a fall in active use to understand before signing.
What it is: an unsent internal draft by Nell Ashcombe dated 29 Jan 2025, marked "Draft - for internal review, not yet sent". It proposes renewing the Growth subscription for another annual term on the same terms.
Commits: nothing binding, as it is unsent. It states the price as "forty-four thousand pounds", annual, invoiced in advance, with "no one-off fee on this renewal and no discount".
Unusual: the figures are written in words, not digits. It also admits that "Active use fell over the last quarter" and says this must be understood before the renewal is signed.
Not settled: the open points (why use softened, a refresher session, who receives the final proposal). The evidence does not show whether a final version was sent or signed. The term it targets ended long before today, so treat this as stale; the executed order form decides current terms.
As found in this document
Current to 9 Oct 26- Date end2 Apr 2025Source: object_read:doc_005_015
- Date renewal2 Apr 2025Source: object_read:doc_005_015
- Growth subscription, renewal, annual, invoiced in advanceforty-four thousand poundsSource: object_read:doc_005_015
- Licensed usersfortySource: object_read:doc_005_015
- One-off fee and discountThere is no one-off fee on this renewal and no discount.There is no one-off fee on this renewal and no discount. · Source: object_read:doc_005_015
- Connectors and service levelsthe same connectors and the same service levelsthe same connectors and the same service levels · Source: object_read:doc_005_015
The document
Body
Lornefield Pensions Administration - Renewal Proposal v1
Draft - for internal review, not yet sent
Prepared by Nell Ashcombe, Chief Executive Officer and Co-founder, BB-Demo Wednesday 29 January 2025
Summary
This draft sets out how we propose to renew the Growth subscription for Lornefield Pensions Administration when the current term ends on 2 Apr 2025. The intention is a straightforward renewal on the same terms, with a plan to lift usage.
Account at a glance
| Customer since | 3 Apr 2023 |
| Tier | Growth |
| Licensed users | forty |
| Contracted annual recurring revenue | forty-four thousand pounds |
| Current term ends | 2 Apr 2025 |
| Overdue invoices | None |
How the year has gone
- Invoices have been paid on time throughout.
- There have been no support tickets in the last month and nothing high priority.
- Active use fell over the last quarter. The fall is larger than we would like, and we need to understand it with your team before the renewal is signed rather than after.
Proposal
Read the whole document (2,206 characters)
- Renew the Growth subscription for another annual term, starting the day after the current term ends.
- Keep the licence at forty users, with the same connectors and the same service levels.
- Hold the annual price at forty-four thousand pounds.
- Keep the quarterly reviews, with a specific focus on bringing more of your managers back into regular use.
Pricing
| Item | Billing | Amount |
|---|---|---|
| Growth subscription, renewal, annual, invoiced in advance | Annual | forty-four thousand pounds |
| Total | forty-four thousand pounds |
The deal amount is the annual price. There is no one-off fee on this renewal and no discount.
Open points
- To confirm with Daniel Okafor why active use has softened, and whether a team has moved on or simply stopped logging in.
- To decide whether we offer a refresher session before the renewal conversation.
- To agree who at Lornefield should receive the final proposal.
Next steps
- Nell to review this draft with Daniel.
- Daniel to speak to your team about usage and how the brain is being used day to day.
- A final version follows once the open points are closed.
Best, Nell
Unusual terms
Current to 9 Oct 26- Unsent internal draft
- Price and users written in words
- Usage decline flagged before renewal