Are there term limits for service providers? Specify the 5-year term limits for auditors

There are no term limits for service providers. Board of Trustees are required to constantly review the performance of the service providers ensuring that they conform to the service level agreement. The Guidelines recommend that trustees should conduct a review of the external auditor at least once every five (5) years and where they replace the External Auditor they may not reappoint the auditor for a two (2) year period.