![]() |
Code of Federal Regulations (Last Updated: July 5, 2024) |
![]() |
Title 48 - Federal Acquisition Regulations System |
![]() |
Chapter 8 - Department of Veterans Affairs |
![]() |
SubChapter C - Contracting Methods and Contract Types |
![]() |
Part 817 - Special Contracting Methods |
![]() |
Subpart 817.70 - Undefinitized Contract Actions |
§ 817.7003 - Policy.
Latest version.
-
817.7003 Policy.
Undefinitized contract actions shall -
(a) Be used only when -
(1) The negotiation of a definitive contract action is not possible in sufficient time to meet the Government's requirements; and
(2) The Government's interest demands that the contractor be given a binding commitment so that contract performance can begin immediately.
(b) Be as complete and definite as practicable.