"renew a contract" is a correct and commonly used phrase in written English.
It refers to the action of extending or continuing a contract, typically for a set period of time. Example: The company decided to renew their contract with their current supplier for another year.
●May an agency sign or renew a contract that would obligate funds out of appropriations that have lapsed?
In addition, they agreed to renew a contract for Union Carbide to provide some chemicals for GAF plants.
UnitedHealth Group, one of the largest health insurers in the United States, recently declined to renew a contract that accounts for more than 15 percent of Medco's revenue.
One is that UnitedHealth Group, a big health insurer, has declined to renew a contract that accounts for more than 15 percent of Medco's revenue.
Earlier this year, Google said it would not renew a contract to provide artificial intelligence technology to a Pentagon program after company employees protested.
Lower down the market CPP, the credit card insurer, fell nearly 5% to 14.5p after Santander decided not to renew a contract for services related to packaged accounts.
Ms. McAlevey said negotiations began 11 months ago on renewing a contract that expired on May 31.
Last month Royal Bank of Scotland said it would not be renewing a contract for mobile phone insurance.
The pharmacy benefits company Medco Health Solutions Inc. said yesterday that it had renewed a contract worth $7 billion with the health insurer UnitedHealth Group.
DirecTV has valuable content, too: the deal depends on its renewing a contract with the National Football League to show Sunday afternoon games.
WH Smith said it has also renewed a contract to operate 82 post offices in its stores for a further five years.
