Planning for major service disruptions and disasters, such as prolonged power failures, fires, flooding, and other extreme weather events, is an important element of strategic technology and service agreements.
This post discusses five key considerations for BCDR-related provisions in strategic technology and commercial transactions: identify and define the scope of BCDR for the applicable engagement; ensure BCDR readiness by service commencement; include maximum restoration times as a contractual obligation; define the appropriate remedies; and remembering force majeure.
Read the article here.