Electronic component failure analysis turnaround time

[ProblemChild]

Hello:

Is there an industry standard for the electronic component's (especially semiconductor related) FA turnaround time? (JEDEC??) , or it is something that normally would be captured in a business contract with critical suppliers??

I hope such a standard does exist in the market to avoid negotiation with different suppliers. ( Assuming my company has the purchasing power for the demand : P)

Thank