Each year follows a consistent pattern in contract start dates, with certain months seeing a higher volume of new contracts. The trend shows that most contracts are initiated at the beginning of the fiscal year, gradually decreasing as the year progresses. This suggests that businesses have a greater opportunity to secure contracts early in the year rather than later.
April marks the peak for new contract starts, aligning with the beginning of the fiscal year, followed by notable activity in June and August.
Tip: Businesses should focus on procurement processes ahead of these peak months, to improve their chances of securing contracts
The table below provides a detailed overview of the total number of contracts awarded, the total contract value, and the proportion of original contracts versus extensions for each fiscal year analyzed. Some contracts may have multiple extensions within the same fiscal year or across subsequent years. On average, approximately 81% of contracts signed each fiscal year are new agreements, while around 19% are extensions of existing contracts.
Fiscal Year
Total # contracts
Total contract amount
Original contracts
Extensions
2021-2022
16664
$754,100,208
81.54%
18.46%
2022-2023
15539
$702,701,254
80.94%
19.06%
2023-2024
16704
$856,973,732
81.99%
18.01%
2024-2025
15451
$626,211,673
82.39%
17.61%
Disclaimer
The data presented is derived from the Yukon contract registry, specifically for the fiscal periods of 2021-22, 2022-23, and 2023-24. It should be noted that contracts related to ‘Goods – Transportations Maintenance Branch Only’ and ‘Goods – excluding Transportation Maintenance Branch’ are excluded from this dataset.