Common use of Duration of the Framework Agreement Clause in Contracts

Duration of the Framework Agreement. The framework agreement will have a duration of 12 months, counting from the date established in the formalization document. The possibility of extension is not admitted. The term (validity period) of the framework agreement defines the term within which the contracts based on it may be awarded.

Duration of the Framework Agreement. The framework agreement will have a duration of 12 months2 years, counting from the date established in the formalization document. The possibility of extension is not admitted. The term (validity period) of the framework agreement defines the term within which the contracts based on it may be awarded.