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What is the typical duration of a public contract?

Contract Execution

Well, the issue of how much a public contract lasts ... is a bit a lottery, right? That is, it depends on a thousand things: the type of chamba, how tangled is the project, what the public body needs, and of course, the entire legal roll of the country on duty. In general, yes, most walk between one and five years, but there is always that rare contract that goes for tangent.

Look, the first thing looks at is the type of project or service. If they are raising a giant building, then obvious, that will take more than if it is only to clean offices, which is normally tied for a year and then you see if you renew or not (everything depends on whether you cleaned well, I suppose).

Sometimes the organism itself puts hand and decides if you want something fixed or leave the contract open, with its clauses to cut or rethink things when they want. And forget, the law also puts its tablespoon. For example, in the European Union there is a directive (the 2014/24/EU, for fans of the regulations) that basically says: "Do not pass five years, unless you have a weight of weight."

If you are going to get into a public tender, batteries with the duration of the contract and those small letters of renewal or termination. Nobody wants to stay with a poker face when the rules change in the middle of the game. And be careful, sometimes let you extend the contract for a while, if everything goes well and they are happy with you.

In the end, the matter is that there is not a single formula. It all depends on the project, the bureaucracy on duty and how bcking is the law at that time. So if your company wants to get into this world, it is better to be clear about the topic of the deadlines and everything that can happen, so as not to improvise later.

And well, it is worth saying: getting into a public contract can be a jewel for any company. But if you do not understand the conditions well, especially the issue of how long the matter lasts, you can get in the shirt of eleven rods. So, eye to patch and read everything, even if boring.

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