MCR Pricing and Contract Terms
When you create an MCR, the Portal displays the monthly cost (before tax) in the Billing Details section. The price is determined by the MCR location and the MCR rate limit.
When you deploy an MCR, cost accrual begins immediately. In the Megaport ONE Portal, you can make the following changes to pay-as-you-go or long-term contracts that are on standard pricing:
New MCR – Select No Minimum Term to pay-as-you-go, or select a 12, 24, or 36-month minimum term, billed monthly. The default term is 12 months. The term starts when you place the order. For details on creating an MCR, see Creating an MCR.
Longer contract terms have these benefits:
- Fixed monthly cost.
- Discounts based on the term duration. A 24-month term has a 5% discount and a 36-month term has a 10% discount.
Existing MCR on a minimum term – Renew a 12, 24, or 36-month minimum term, extend to a longer term, or shorten the term. You can extend a minimum term at any time; however, you can only shorten it during the last calendar month of the term.
If you prefer not to renew, no action is required. At the end of the term, the contract will automatically roll over to pay-as-you-go billing for the following billing period (at standard pricing, without term discounts). For details on changing a term, see Changing a contract term.
Existing contract term – Upgrade a contract term at any time.
Expired MCR term – Renew a term contract after it has expired.
To provide adequate time to extend or renew the MCR contract, Megaport will notify you via email 1 month ahead of the term expiration and 1 week before a price change.
Changing a contract term
In the Portal, you can make the following changes:
- Add a term to an MCR.
- Extend the term on an existing MCR contract.
- Renew a term in the final 30 days of an MCR contract, before the term expires.
After changing an existing term, the new term begins immediately.
Not all contract terms can be changed in the Portal (the option will be dimmed). Contact your Megaport account manager for details.
To add, extend, or renew a contract term
- In the Megaport ONE Portal, choose Networking > Services.
- Click the gear icon for the MCR to change, and choose Edit Service.
- Click Edit.
- Click Change Term.
- Select the new term for this MCR.
MCRs that are under a contract term or on pay-as-you-go billing start their new contract term immediately.
- Click Confirm.
Clicking Confirm indicates that you have read and agreed to the Global Services Agreement.
Click Cancel to maintain the MCR’s current term conditions. If an MCR on a contract term expires, it rolls over to pay-as-you-go billing (at standard pricing, without term discounts).
The Portal accepts the new term at the current standard rate and applies any applicable term discounts at the new term start date. The new Term and End Date appear on the MCR Details page.
See also MCR Billing.
Megaport ONE charges a recurring monthly flat fee based on the MCR provisioned services consumed hourly in the course of the previous month.
The MCR service is priced by speed, and the speed is fixed for the life of the service. When you order an MCR, you select a speed from one of these bandwidth tiers:
- 1 Gbps
- 2.5 Gbps
- 5 Gbps
- 10 Gbps
After you select an MCR speed, you cannot change it in the future.
See also MCR Billing.
You can cancel an MCR at any time. For details, see Terminating an MCR.