The Government of Canada spent an estimated $1.2B in 2021-2022 on industrial products and services contracts.
Across 47,350 contracts active since the start of the 2017-2018 fiscal year, 2,547 have at least one amendment (5%). Of contracts with amendments, the average increase in dollar value was 85% and the average number of amendments was 1.51. Cumulatively these amendments represent an increase of $1.1B over the original contract values.
The average contract duration was 0.4 years, and the average contract value (not including contracts under $10k) was $249.4K. The longest contract was 36.37 years. The largest contract by value (including amendments) was $2.9B.
