Regulations of the Operation and Management of National Defense Technology Institutions by Private Entities Article 16

Paragraph (1)The term that the authority-in-charge conducts the commissioned operation specified in this Section shall be between at least three(3) years and five (5) years.Paragraph (2)On or after the end of half of the term of the contract performance, the authority-in-charge may renew the contract once after the completion of the prices negotiation with the commissioned Private Entity(ies) on the condition that such renewal is specified in the original public announcements and the tender documents.