A renewal project proposal is created and sent when your involvement in an ongoing project has finished, contractually, but you want to renew your existing contract and continue to work on the project.
How to write a renewal project proposal
This proposal type is one of the easier proposals to write because it’s less competitive and you already have a relationship with the client. Rather than explaining who you are, what you can do, and how you can do it, it’s about providing evidence on what you’ve done and why they should renew your contract.
When you start to write your renewal project proposal, follow the below process so you can:
- Emphasize your past results
- Show how you can exceed these past results in the future
- Prove that the ROI will be higher if they use you, as opposed to hiring someone new
Create a checklist template and run individual checklists for each member of your team. You can check tasks off as you work through them, set deadlines, add approvals, assign tasks, and track each team member’s progress.