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Hi Eastpack yes you are spot on correct. The amount of time required to end the contract is 60 to 90 days written notice - should state it in the contract. most agency agreements will default to periodic after end of fixed term and will just continue until ended.

Yes - they continue managing on a periodic contract until given the appropriate notice to not. The fixed term agreement is the only thing that has expired. Most agencies do not renew for another fixed term.