The Government of Canada spent an estimated $1.6M in 2021-2022 on contracts with FreeBalance.
Across 121 contracts active since the start of the 2017-2018 fiscal year, 14 have at least one amendment (12%). Of contracts with amendments, the average increase in dollar value was 84% and the average number of amendments was 1.64. Cumulatively these amendments represent an increase of $1.6M over the original contract values.
The average contract duration was 1.02 years, and the average contract value (not including contracts under $10k) was $91.7K. The longest contract was 4 years. The largest contract by value (including amendments) was $1.0M.
