I've read that there was something like this in the PC version of Star Control II.
Time limit in The Ur-Quan Masters
star-control-2
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Best Answer
As Shadur mentioned, there is a timelimit. Depending on various factors this limit is set to 4.5-5.5 years of ingame time.
These factors are
Source: http://wiki.uqm.stack.nl/Star_Control_II_facts#Star_Control_II_fact_.235_-_Timed_events Under the block "Korh-Ah events"