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IS THE COMMONWEALTH ALLOWED TO ENTER INTO MULTI-YEAR CONTRACTS?

April 26, 2017allowed commonwealth contracts enter multi-year

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IS THE COMMONWEALTH ALLOWED TO ENTER INTO MULTI-YEAR CONTRACTS?

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Yes. A contract for materials, construction, or services may be entered into for a period of time deemed to be in the best interest of the Commonwealth. However, any term exceeding five years requires approval by the Department of General Services Bureau of Procurement, Chief Procurement Officer (or designee).