Option to extend far clause

Author: ugrv

August undefined, 2024

WebThe preliminary notice does not commit the Government to an extension. (b) If the Government exercises this option, the extended contract shall be considered to include this option clause. (c) The total duration of this contract, including the exercise of any options under this clause, shall not exceed __ (months) (years). WebFAR 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 …

Article Content - Defense Acquisition University

WebOption 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 … Web(a) Unless otherwise approved by the Chief of the Contracting Office, contracts for services employing option periods shall require that a preliminary written notice of the … cystoscopy with insertion suprapubic catheter

Army Improperly Extended Contracts, GAO Says - SmallGovCon

WebAug 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. WebOption 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 ... WebJul 11, 2013 · GIS argued that this clause was intended to extend the contract term “after all options have been exercised” and cannot be exercised in monthly increments until that time. The government took the opposite approach, saying that FAR § 52.217-8 can be exercised “prior to exercising all contract option years.” binding proteins example

Federal Register :: General Services Administration Acquisition ...

Exercising Option Years under US Government Services Contracts

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 … 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. binding punch machineWebNov 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 … cystoscopy with periurethral bulking

"WebThe option provision may be exercised more than once, but the total extension of performance thereunder shall not exceed 6 months. Based on your background information, sounds like you've taken appropriate steps such as including the dash 8 clause and associated verbiage for evaluating the option in the solicitation. " - Option to extend far clause

Option to extend far clause

eCFR :: 48 CFR 52.217-9 -- Option To Extend the Term of the Contract …

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. Web7. How will an option to extend effect other lease provisions and related agreements? An option to extend the term of a lease should not be evaluated in a vacuum. Do not overlook the notice, assignment/sublet, successors and assigns, alterations, security deposit and percentage rent clauses in the lease.

Did you know?

Web(a) Unless otherwise approved by the Chief of the Contracting Office, contracts for services employing option periods shall require that a preliminary written notice of the Government's intention to exercise the option be furnished to the Contractor a minimum of sixty (60) calendar days prior to the date for the exercise of the option. WebJul 20, 2024 · Under the “Option to Extend Services” clause at FAR 52.217-8, the government may require continued performance of any services within the limits and at the rates …

WebMar 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:. … WebSep 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.

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. 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

WebFAR 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 service requirements are often delayed due to circumstances beyond …

WebJul 30, 2024 · There are several clauses in FAR Part 52 that deal with the exercise of options. For purposes of this article, we will only address the two that deal with contracts … cystoscopy with retrograde urethrogram cptWebMay 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. cystoscopy with stentWebAug 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 … binding purchase contractWebthe option]. Delivery of added items shall continue at the same rate that like items are called for under the contract, unless the par-ties otherwise agree. (End of clause) [54 FR 5058, Jan. 31, 1989] 52.217–8 Option To Extend Services. As prescribed in 17.208(f), insert a clause substantially the same as the following: cystoscopy with overview of turbtWebFAR 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 ... binding purchase agreementWeb(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 binding purchase orderWebJan 28, 2016 · the option to extend services clause, the contracting officer could use this option to extend the contract. Contracting officers may exercise the option to extend … cystoscopy with scraping