When considering outsourcing a service, it’s essential to have an Exit Strategy in place so that you can transition the service to another vendor or bring it back in house prior to or at the end of the contract term. This should be done before you even consider searching for a vendor. A well thought out Exit Strategy is essential to identifying risks and minimizing operational and financial impact should you decide to transition the service. Regulators expect it!  Here’s a comprehensive and detailed Vendor Exit Strategy that you might care to use or adapt to your current one. I initially made it available only to our Certified Regulatory Vendor Program Managers (CRVPM’s) but felt that it would benefit the greater good of vendor management. http://bit.ly/1TkEIti