Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 48 - Federal Acquisition Regulations System |
Chapter 5 - General Services Administration |
SubChapter C - Contracting Methods and Contract Types |
Part 517 - Special Contracting Methods |
Subpart 517.2 - Options |
§ 517.208 - Solicitation provisions.
Latest version.
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517.208 Solicitation provisions.
(a) Insert a provision substantially the same as the provision at 552.227217217-70, Evaluation of Options, in solicitations for the Special Order Program when the following conditions apply:
(1) The solicitation contains an option clause to extend the term of the contract; and
(2) The contract will be fixed price and contain an economic price adjustment clause.
(b) Insert a provision substantially the same as the provision at 552.217-71, Notice Regarding Option(s), in solicitations that include an option clause for increased quantities of supplies or services, or an option clause to extend the term of the contract.
[86 FR 55519, Oct. 6, 2021]