Regulations of the Operation and Management of National Defense Technology Institutions by Private Entities Article 19

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