Question DATA-11
In the event of imminent bankruptcy, closing of business, or retirement of service, will you provide 90 days for customers to get their data out of the system and migrate applications?
Weight | 15 |
High Risk | No |
Required | Yes |
Compliant Answer | Yes |
Standard Guidance
EDUCAUSE provides no guidance here
Answering "NO"
Provide a detailed summary to support your selection.
Answering "YES"
State how the institution will be notified of imminent termination.
Reason for Question
This question clarifies the position of the institution in the case of acquisition or bankruptcy. Expect clear responses to this question. If they are vague, be sure to follow up based on institutional counsel guidance.
Follow-Up Inquiries
If a vendor's response is unsatisfactory, engage institutional counsel to appropriately address any ownership concerns.
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