Atlantic Canada Opportunities Agency spent an estimated $3.7M in 2021-2022 on contracts.
Across 432 contracts active since the start of the 2017-2018 fiscal year, 38 have at least one amendment (9%). Of contracts with amendments, the average increase in dollar value was 67% and the average number of amendments was 1.37. Cumulatively these amendments represent an increase of $1.4M over the original contract values.
The average contract duration was 0.84 years, and the average contract value (not including contracts under $10k) was $45.7K. The longest contract was 6.01 years. The largest contract by value (including amendments) was $1.3M.
