# Renewing a commitment > Price the replacement for an expiring Reserved Instance or Savings Plan, choose its terms and how it is delivered, and approve the purchase. Source: https://docs.levelfour.ai/commitments/renewals A renewal replaces a commitment that is about to end. You price the options in the commitment's **Renewal** panel, pick one, and approve it. Nothing is bought until an admin approves. > **Warning** > > An approved renewal buys a commitment that cannot be cancelled, modified or refunded once it starts. Read the terms in **What you are buying** before you approve. Only organization admins can renew. Everyone else sees the prices with the line **Only organization admins can renew a commitment.** ## When you can renew Open the commitment from **Commitments** in the sidebar. What the **Renewal** panel offers depends on how close the commitment is to its end. | When | What the panel does | | -------------------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | | More than 30 days before the end | Shows the date the renewal opens | | In the last 30 days | Schedules the renewal for the moment the current term ends, so coverage continues without a gap. Confirm at least 3 hours before the end, or 4 when only the end date is known | | Less time than that | Buys immediately. A short uncovered gap at the term boundary is possible | | Up to 14 days after the end | Buys immediately. The new term starts now, and the hours without coverage are not recovered | | After that | The renewal window has closed. New coverage comes from a new recommendation | A commitment that was returned, exchanged, cancelled, or never ran because its payment failed has nothing to renew, and the panel says which of these happened. ## Compare the options ![The Renewal panel for an RDS Reserved Instance, comparing the current contract of 18 units with a recommendation of 15, beside the What you are buying box and the implementation method list](/screenshots/commitments-renewal-light.png) The **Contract** table sets the commitment as it stands beside the option you pick, row by row: **Quantity**, **Term**, **Payment option**, **Paid at purchase**, **Charged hourly**, **Reserved and unused**, **Left on demand**, and **All in for the term**, which adds the cost of any usage the option would leave on demand. **Plan** in **What you are buying** chooses the option: | Plan | What it buys | | ------------------ | ----------------------------------------------------------------------------------------------------------- | | **Recommendation** | The quantity LevelFour sized from how much of the commitment you used. It is never more than you hold today | | **Renew as is** | The same terms, bought again | | **Custom** | Your own quantity, term and payment option | **Quantity** steps up and down with **-** and **+**. **Term** and **Payment option** list only what AWS sells for this commitment. The price at the top of the box, **cost for the term**, shows the difference against renewing as is. **Why these numbers** explains the recommended quantity, and **See the usage behind this** charts the daily usage it was sized on. The panel also names the AWS region and the date the prices were read. > **Note** > > If you have already accepted a saving that removes capacity on the same service, the panel lists it. Let that change land first, or the renewal reserves capacity you are about to give up. ## Approve the renewal ### Choose the plan and terms Pick the **Plan**, then adjust **Quantity**, **Term** and **Payment option** if you need to. ### Choose an implementation method Pick how the purchase is delivered, from the same list as any saving. [Implementation methods](/savings-recommendations/implementation-methods) covers what each one needs. An access grant for a renewal lasts 33 days, so it is still live when the term ends. ### Acknowledge Tick **I understand this places a commitment that cannot be cancelled, modified or refunded once it starts.** ### Approve The button reads **Approve and schedule** for the recommendation. For the other plans it reads **Schedule renewal**, or **Renew commitment** when the renewal buys immediately. After approval the panel confirms when the renewal will be placed, and **View status and logs** opens the purchase. ## Follow the purchase The commitment's **Status & Logs** tab shows **Purchase status** in five steps: 1. Verify access and approval 2. Resolve offering 3. Price check 4. Purchase 5. Confirm activation Some services offer no way to check a price before buying, so the price check is marked as not applicable for them. **Execution logs** lists what each step ran. > **Error** > > If the purchase call returns no clear answer, the status says so: it is not yet known whether money moved. The next step is to reconcile with AWS, never a second purchase. AWS lets you return a Savings Plan for seven days after it is bought. While that window is open, the plan's **Renewal** panel shows **Returnable until** with the date. ## From other surfaces * The MCP server prices the options with `get-commitment-renewal-options` and sizes the repurchase with `get-commitment-renewal-plan`. See [Tools](/mcp/tools) * [`l4 commitments renewal`](/cli/commands/commitments/renewal) sizes the repurchase from a terminal