---
title: Add rate cards to the new contract
description: Add rate card details to the new contract by using the Rate cards task to track contract expenses.
locale: en-US
canonical_url: https://www.servicenow.com/docs/r/australia/it-asset-management/contract-management/update-rate-card.html
release: australia
product: Contract Management
classification: contract-management
topic_type: task
last_updated: "2026-03-12"
reading_time_minutes: 1
breadcrumb: [Contract renewal workflow, Contract Management, Common applications, Asset Management]
---

# Add rate cards to the new contract

Add rate card details to the new contract by using the Rate cards task to track contract expenses.

## Before you begin

The Cost Management \(com.snc.cost\_management\) plugin must be active.

Role required: asset, contract\_manager

## About this task

The rate card details aren't carried over to the new contract.

Adding rate card details to a contract isn't a required procedure. You can close this task if you do not need to add a rate card to the draft contract.

## Procedure

1.  On the Contract Renewal Request Line form, select the Rate cards task number.

2.  On the Contract Renewal Task form, select the **Renewal rate cards** tab.

3.  Select **New**.

4.  On the Contract Rate Card form, fill in the financial details.

    For a description of the field values, see [Contract Rate Card form](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-asset-management/contract-management/ContractRateCardForm.md).

5.  Select **Submit**.

6.  Select **Close Task**.


## Result

The rate card is attached to the draft contract.

## What to do next

[Review contract renewal details](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-asset-management/contract-management/confirm-cont-renewal.md)