"A few months ago we did open talks and then they ceased, and since then, I've had no talks with the manager," the left-back told BBC Essex.
"I'm sure when he [John Ward] sees fit he'll come to me and if he doesn't see fit that is his prerogative."
Tierney, who arrived at the U's from Shrewsbury in January 2009 after a successful loan stint, insists their is no rift between him and Ward.
"There's no problem there at all, the manager knows what I'm like as a player and as a person," he continued.
"I respect him as a manager and a man as well.
"There's no problem there, there's no talk of a new contract but I've still got all this season to think about that."
Ward admits the former Oldham player had initially opened talks with Aidy Boothroyd, before the former boss left for Championship side Coventry City.
"He was in negotiations with Aidy and the chairman, but with me we've just got in and got on with the job, as Marc has done as well," said the current U's manager.
"We haven't moved in terms of talking to him or any other player.
Under-21s are always available to clubs like ours from Premier League clubs but there might be one or two seniors that are looking for football Colchester United boss John Ward "I'm of the view that can be left for a while yet. I've spoken to the chairman and he's keen to leave it for a while and see how we go."
There could be loan arrivals at the Weston Community Stadium though, with Ward keeping an eye on possible Premier League players who do not make it into their club's 25-man squad.
"We'll all be having a little look to see who is not in there and there might be one or two senior players that are available," he said.
"Under-21s are always available to clubs like ours from Premier League clubs but there might be one or two seniors that are looking for football."
Meanwhile, goalkeeper Ben Williams and midfielder Ben Coker are both back in training after suffering picking up ankle injuries in pre-season.