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FULLY EXECUTED CHANGE 6Page 1 of 2Contract Number: 4400016816 Original Contract Effective Date: 03/27/2017 Contract Change Date: 06/07/2022 Valid From: 04/01/2017 To: 09/30/2022All using Agencies
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How to fill out calculation of contract duration

01
Determine the start date of the contract.
02
Determine the end date of the contract.
03
Calculate the number of days between the start and end date.
04
Consider any specific contract terms that may affect the duration (e.g., weekends or holidays).
05
Apply any relevant adjustments or extensions as specified in the contract.
06
Note the calculated duration of the contract.

Who needs calculation of contract duration?

01
Contract managers
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Legal departments
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Business owners
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Project managers
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Procurement professionals
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Calculation of contract duration refers to the process of determining the length of a contract in terms of time, often based on the start and end dates specified in the contract.
Typically, the parties involved in the contract, such as contractors, suppliers, or vendors, are required to file the calculation of contract duration.
Filling out the calculation of contract duration generally involves inputting the start date, end date, and any relevant timelines or milestones in a designated form or system.
The purpose of calculating contract duration is to establish clear timelines for project completion, ensure compliance with contractual obligations, and facilitate planning and resource allocation.
Information typically reported includes the start date, end date, duration in days or months, milestones, and any extensions or amendments made to the contract.
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