Suggested answer

A Renewal Quote is generated to re-sign a customer at the end of their contract term. Key behaviours:

1. Auto-Renewal: If the Contract's SBQQ__AutoRenew__c flag is true and a renewal forecast date is reached, CPQ automatically creates a Renewal Opportunity and Quote.
2. Renewal Pricing: Three options on the Contract or CPQ Package Settings: (a) Same: Retains the exact contracted net price. (b) Uplift: Applies a percentage price increase (configured at contract or product level — SBQQ__RenewalUplift__c). (c) List: Resets to the current price book list price.
3. Co-termination: All subscriptions on the contract share the same renewal date, even if amended mid-term.
4. Renewal Term: Defaults to the original contract term unless overridden on the Contract.
5. The Renewal Quote type is set to "Renewal", and renewal quote lines reference the originating Subscription records. Any add-on or upsell introduced during renewal follows standard quote configuration.

Practice content for interview preparation; not an official vendor answer. Verify details against current product documentation.

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