Option to extend far clause

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August undefined, 2024

WebFAR Subpart 17.2 – Options - does not apply to contracts for: ... Shall include appropriate option provisions and clauses; Shall state the basis of evaluation, either exclusive or inclusive of the option; ... The period may extend beyond the contract completion date for service contracts. This is necessary for situations when exercise of the ... WebThis contract provides for an extension by exercising Option [insert Option number] to extend the contract for a period of insert time frame of Option, not to exceed one year You are, therefore, requested to certify in writing to the Contracting Officer that: (1) there is a continued need for the services performed under this contract;

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WebNov 24, 2024 · The contract in Mission1st included the following standard clauses from the Federal Acquisition Regulation. 52.217-8, OPTION TO EXTEND SERVICES (NOV 1999) ... including the exercise of any options under this clause, shall not exceed 33 months. The contract included. a base period (September 2013 to June 23, 2014) with a price of $5.4 … WebFeb 4, 2016 · The Army improperly used FAR 52.217-8 (Option to Extend Services) to extend several contracts for periods much longer than the six-month maximum allowed by the clause. This conclusion comes from a recent GAO study, in which the GAO determined that the Army improperly applied FAR 52.217-8 in three out of five contracts studied by the GAO. greay hound bus tours from ohio

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WebThe clause states the following: “(a) The Government may extend the term of this contract by written notice to the Contractor within _____ [insert the period of time within which the … WebAug 31, 2024 · Option To Extend the Term of the FSS Contract (Date) (a) The Government may require continued performance of this contract for an additional 5 year period. This option may be exercised up to three times. (b) The Contracting Officer may exercise the option by providing written notice to the Contractor 30 days before the contract expires. WebJun 24, 2024 · the option fulfills an existing Government need; the exercise of the option is the most advantageous method of fulfilling the Government's need, price and other factors considered). · Timely advance notification to the contractor in accordance with contract Clause FAR 52.217-9? · Timely planned exercise of the option or florist near brecksville ohio

Army Improperly Extended Contracts, GAO Says - SmallGovCon

Option to extend far clause

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WebAug 31, 2024 · (a) The Government may require continued performance of this contract for an additional 5 year period. This option may be exercised up to three times. (b) The … WebFAR Subpart 17.2 prescribes two primary clauses for service contracts: (1) 52.217-8 for short term extensions up to six months, typically used for situations outside the contracting office's control when a new contract cannot be awarded on time, and (2) 52.217-9, which normally results in one or more annual options.So yes, you can use 52.217-8 without …

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WebJan 27, 2014 · The option to extend the contract here under FAR clause 52.217-8 was not evaluated as part of the initial competition, so that the exercise of this option amounts to … WebThe purpose of this letter is to notify you of the Government's intent, in accordance with FAR Clause 52.217-9 entitled, “Option to Extend the Term of the Contract”, to exercise Option …

WebMar 16, 2024 · (a) The contracting officer must not modify provisions and clauses unless the FAR authorizes their modification. For example-(1) "The contracting officer may use a … Web(f) For FAR clause 52.217-8, Option to Extend Services, (1) the option may be exercised at the end of the base period or the end of any option period available under clause 52.217-9. However, once the 52.217-8 option is exercised, unexercised options under FAR clause 52.217-9 are no longer available to exercise (for additional information go to

WebThe effective should already be established in the option. Exercising an option prior to that option’s period of performance does not inherently change or modify that option's period of performance. You should never wait to exercise an option on the start date of that option’s period of performance. Question 2. WebOption to Extend. Tenant is granted an option to extend the term of the Lease Agreement for one (1) additional three (3) year period. The extensions described in this Addendum are …

WebYes. FAR clause 52.217-8 allows a task order to be extended for up to 6 months. A justification for an exception to fair opportunity must be prepared if the period of …

WebClause. FAR 52.217-9 Option to Extend the Term of the Contract. Basic (Mar 2000) (Current) Prescription. As prescribed in 17.208 (g), insert a clause substantially the same as the … florist near bradford arWebMar 16, 2024 · Option to Extend the Term of the Contract. As prescribed in 17.208 (g), insert a clause substantially the same as the following: (a) The Government may extend the term of this contract by written notice to the Contractor within _____ [insert the period of time … As prescribed in 17.208(f), insert a clause substantially the same as the following:. … greay media cabinet modernWebMay 6, 2013 · The recent case of Glasgow Investigative Solutions, Inc., ASBCA No. 58111 (April 9, 2013) clarifying the use of FAR 52.217-8 by making clear that the Government need not wait until the end of all option years to invoke the clause to extend the contract. greay leather recliner rockersWebSep 1, 2024 · Under the “Option to Extend Services” clause, the government may require continued performance of any services within the limits and rates specified in the contract. The total extension of performance exercisable under the clause must not exceed 6 months. greay lady breakfastWebOption To Extend Services (NOV 1999) The Government may require continued performance of any services within the limits and at the rates specified in the contract. These rates may be adjusted only as a result of revisions to prevailing labor rates provided by the Secretary of Labor. The option provision may be exercised more than once, but the ... greay silver red backgroundWebFAR 37.111 -- Extension of Services -- provides some insight into the purpose of the FAR 52.217-8 clause. It reads as follows: Award of contracts for recurring and continuing … greazy meal bandWebAug 23, 2016 · 52.217–9 Option To Extend the Term of the Contract (MAR 2000) (a) The Government may extend the term of this contract by written notice to the Contractor within the term of this contract; provided that the Government gives the Contractor a preliminary written notice of its intent to extend at least 60 days before the contract expires. florist near boynton beach florida