ongoing contracts
[/ˈɑːnɡoʊɪŋ ˈkɑːntræks/]
nounpl: ongoing contracts
contratos em andamento
1. Contracts that are currently active and continuing, without a defined end date or still within their execution period
The company manages several ongoing contracts with international suppliers.
A empresa gerencia vários contratos em andamento com fornecedores internacionais.
2. Long-term agreements that remain in effect and require continued performance or payment
We need to review all ongoing contracts before the fiscal year ends.
Precisamos revisar todos os contratos em andamento antes do final do ano fiscal.
3. Contractual arrangements that are still being executed and have not been terminated or completed
The ongoing contracts will be renegotiated next quarter.
Os contratos em andamento serão renegociados no próximo trimestre.
In Brazilian business culture, managing ongoing contracts is a critical responsibility in corporate governance. The term 'contratos em andamento' is widely used in corporate meetings, legal departments, and financial reports. Proper management of these contracts is essential for regulatory compliance and financial transparency, particularly in regulated industries like banking, telecommunications, and government contracting.
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