What is the timeout duration for CPQ REST APIs

Summary:

We have a scenario where OIC invokes a CPQ action 'A' via REST API, and that action scans through a list of quotes in a data table, and does some processing for each via REST API calls.

OIC invokes the CPQ action 'A', and then waits for its response, which will be received only after all quotes are processed.

In this approach, will OIC time out at any point? In one of our POCs, we observed the integration ending in error after 10mins - so is it right to assume, REST API time out duration is 10mins by default? We are also interested to know if there is a way to increase this duration.