Job Recruitment Website - Property management - Can the government procurement property contract be renewed?

Can the government procurement property contract be renewed?

Legal analysis: Property management using government financial funds can be renewed or invited for bidding after the contract expires. At present, there are no laws and regulations requiring bidding in China's property management industry.

Legal basis: Regulations on Property Management

Article 3 The State encourages owners to choose property management enterprises through an open, fair and just market competition mechanism.

Article 24 The State encourages construction units to select qualified property management enterprises through bidding in accordance with the principle of separating real estate development from property management.