Option to extend far clause

Author: hvns

August undefined, 2024

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 … 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.”

CONTRACTING OFFICER’S OPTION EXERCISE TOOLKIT - NOAA

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 … 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. dwi group ideas

Is it possible to extend a task order with no option …

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. 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. 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 … d wigmore fine arts

CONTRACTING OFFICER’S OPTION EXERCISE TOOLKIT - NOAA

Article Content - Defense Acquisition University

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 ... 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 … dwigt morrow foundingWebNov 27, 2024 · If the CO extends a contract under FAR 52.217-8, “Option To Extend Services”, the same terms of the contract as awarded for the “base period” or the “option period” (whichever is being... dwi hanto brin

"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; " - Option to extend far clause

Option to extend far clause

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. 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 …

Did you know?

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 … 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 …

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:. …

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 … 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.

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 …

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 … dwight yorke wife and childrenWeb(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. dwi half scanWebFAR 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 … dwi group materialWebJul 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 … crystal lake michigan vacationsWebOption 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 … crystal lake middle school dress codeWebJun 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 dwih coffee talkWebthe 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: crystal lake michigan rental cottages