Renegotiations rise in popularity

Companies are increasingly renegotiating outsourcing contracts, according to sourcing consultancy TPI.

Its latest index found that, by value, 20 per cent of contracts signed in the first six months of 2005 were for restructured deals.

This is almost double the average for the past decade, where they accounted for 11 per cent of contracts by value.

According to the index, of the 112 outsourcing contracts worth more than €40 million signed across the world so...

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