Practical oversight of contracts, suppliers and risk — beyond execution
Signing a contract is only the beginning. Ongoing contract management is critical to understanding supplier obligations, managing risk and meeting regulatory expectations — particularly in regulated and data‑sensitive environments.
MM Legal+ provides in‑house style ongoing contract management support to help organisations actively manage contracts, suppliers and third‑party risk over the life of an agreement.
We work alongside internal legal, risk, compliance and procurement teams to provide overflow capacity, specialist expertise and structured oversight — without creating unnecessary process or administrative burden.
What we support
Our ongoing contract management services are designed for organisations that want visibility, assurance and control, not just a signed agreement.
MM Legal+ regularly supports with:
- Maintenance of contract registers (material and non‑material contracts)
- Monitoring key dates, renewals and termination rights
- Ongoing supplier due diligence and risk review
- Review of supplier reports and certifications
- Contract‑related regulatory support, including CPS 230 and CPS 234 uplift activities
- Practical reporting to support management and board oversight
Supplier due diligence and risk oversight
Effective contract management requires more than filing documents. We support organisations to understand and monitor supplier risk on an ongoing basis.
Depending on the nature of the contract, this may include review and oversight of:
- Information security and CPS 234‑related controls
- Privacy and data handling practices
- Business continuity and resilience information
- Insurance coverage and certifications
- Modern slavery and ESG‑related reporting
- Ongoing risk or compliance attestations
We help internal teams interpret supplier information, identify gaps and determine when follow‑up or escalation is required.
CPS 230 and CPS 234 support
MM Legal+ has deep experience supporting organisations navigating CPS 230 and CPS 234 expectations, particularly as they relate to material contracts, service providers and ongoing oversight.
Our support focuses on practical implementation, including:
- Identifying and maintaining material contract registers
- Supporting contract‑related CPS 230 uplift activities
- Reviewing contracts for resilience, step‑in and termination rights
- Supporting CPS 234‑aligned supplier assurance and information security obligations
- Providing contract and supplier‑related input into broader operational resilience programs
We work alongside internal legal, risk and compliance teams to support uplift programs without duplicating effort or over‑engineering solutions.
Our approach to ongoing contract management
We tailor our support to your organisation's size, risk profile and maturity.
1. Establish visibility
We work with internal teams to understand existing contracts, risk classification and current management practices.
2. Apply proportionate oversight
We help determine which contracts require active monitoring and what “good” looks like for each category.
3. Support supplier engagement
Where supplier information or reporting is required, we support review, interpretation and follow‑up.
4. Ongoing support and reporting
We provide ongoing legal and risk input, including support with reporting for management, risk committees or boards where required.
Designed to support internal teams
Our ongoing contract management services are designed to complement internal capability, not replace it.
MM Legal+ is often engaged where:
- Internal legal or risk teams are small or stretched
- Contract oversight responsibilities are increasing
- CPS 230 or CPS 234 uplift work is underway
- There is limited internal capacity for supplier follow‑up
- Boards or executives are seeking better visibility of contract risk
We integrate with your systems, processes and ways of working.
Flexible engagement models
Ongoing contract management support can be delivered:
- As part of a legal subscription arrangement
- As overflow support for internal teams
- On a portfolio or project basis
- In conjunction with contract review and negotiation services
Our approach is flexible and scalable.
Why teams choose MM Legal+
- In‑house style legal and risk support
- Deep experience in regulated environments, including financial services
- Practical CPS 230 and CPS 234 assistance
- Structured but proportionate contract oversight
- Clear advice that supports decision‑making, not box‑ticking
Let's talk
If your organisation needs support managing contracts, suppliers and third‑party risk — or is working through CPS 230 or CPS 234 uplift activities — we'd be happy to discuss how MM Legal+ can support your team.
Contact us to talk through your ongoing contract management needs.
