The Government of Canada spent an estimated $1.4M in 2021-2022 on contracts with Factiva.
Across 67 contracts active since the start of the 2017-2018 fiscal year, 8 have at least one amendment (12%). Of contracts with amendments, the average increase in dollar value was 172% and the average number of amendments was 2. Cumulatively these amendments represent an increase of $3.7M over the original contract values.
The average contract duration was 1.05 years, and the average contract value (not including contracts under $10k) was $178.3K. The longest contract was 4.01 years. The largest contract by value (including amendments) was $2.7M.