Timeline of the NRT agreement
The NRT agreement’s 10-year timeline begins on the contract sign date, and must be re-signed each time NRTs are issued to the Primary Contact (who is often the same person as the Supplier). The agreement requires (1) the Primary Contact to submit field record data annually, and (2) the project to be re-verified at least once every three years at minimum (more frequent if desired). While verification is required every three years, being issued new NRTs following this verification event is not (requires a new 10-year agreement). NRT issuance always corresponds with a 10-year agreement effective at the date of issuance.
Diagram 1. Hypothetical timeline of an NRT agreement with a 3-year verification cycle. New timelines are created every time more NRTs are issued, which require their own 10-year agreement.
Table 1. 10-year breakdown of a single 10-year NRT agreement timeline.
*Verification must happen at least every three years, but can happen more frequently. More NRTs can be issued at this point, which require their own NRT agreement, and a new 10-year timeline is then started for the recently issued NRTs.