How long do framework agreements usually last?

Framework agreements typically last not usually longer than four years, which aligns with many public sector procurement regulations and best practices. The rationale behind this duration is to ensure that contracts remain relevant and can adapt to changing market conditions, procurement procedures, and the needs of the contracting parties. Allowing framework agreements to extend beyond four years may lead to issues such as outdated pricing, changing supplier capabilities, or shifts in technical requirements that could be detrimental to the procurement process.

Moreover, frameworks are designed to provide a flexible mechanism for sourcing goods and services over a set period, while still allowing for new entrants to join the market and for the clients to reassess their needs periodically. Therefore, four years serves as a practical duration that balances stability with the opportunity for renewal and adjustment as needed.