Approve the SOC 2 three-year extension on Steve renegotiated terms - same rate, payment deferred, penalty-free cancellation

October 1, 2026 at 3:23 PMoperationallow

Situation

The SOC 2 auditor opened at 14,976 per year flat for three years, payable on SOW execution (about 10 months early). Peter supported Steve going back; Steve renegotiated to 1,040 at signing and nothing until about June 2027, milestone billing at Net 30, penalty-free termination with the 1,040 refundable before Year 1 fieldwork, and re-pricing requiring both signatures. Peter approved and signed the DocuSign after Steve verified it was the right version.

Reasoning

Confirmed by Peter (logged by his choice). Delegate routine renewals to the owner who did the market check and negotiation; Peter involvement is support plus signature. The wins were cash timing and an exit right at the same rate, reducing risk at no cost.

Additional Context

Consistent with Peter 9/18 approval of Steve owning Standards and Procedures sign-off.

Observed Evidence

I support; yup; Done on DocuSign after Steve verified.

Confidence Breakdown

30/35
Evidence
8/30
Pattern
19/20
Source
8/15
Corroboration

Reasoning Depth Analysis

Org Signal:Wallace owns compliance vendor negotiations end to end
Who Affected:Finance
Precedent:Routine compliance renewals: owner negotiates, Peter ratifies
Consequences:About 15k per year, reversible
Timing:Auditor wanted a signed SOW by 9/30

People Involved

Source

reflection

AI Confidence

70%

Related Context

💬
DM with Steve Wallace

slack

Much better up front terms + cancellation written in... yup ... Done

Outcome

No outcome recorded yet.

Decision ID: 46424166-4321-420e-a195-f906df1a3606