Department of Finance Canada spent an estimated $17.6M in 2021-2022 on contracts.
Across 647 contracts active since the start of the 2017-2018 fiscal year, 138 have at least one amendment (21%). Of contracts with amendments, the average increase in dollar value was 389% and the average number of amendments was 1.72. Cumulatively these amendments represent an increase of $47.5M over the original contract values.
The average contract duration was 0.95 years, and the average contract value (not including contracts under $10k) was $166.6K. The longest contract was 8.64 years. The largest contract by value (including amendments) was $23.2M.