Option to extend far clause

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August undefined, 2024

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 … 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 performance is extended beyond 6 months (refer to FAR Subpart 16.505 (b) (2) for more information on exceptions to the fair opportunity process).

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WebJan 28, 2016 · The option to extend services clause provides a way for the government to continue to receive services for up to 6 months when, for example, the award of subsequent contracts might be delayed. When noncompetitive contracts are used frequently or for prolonged periods, the government is at risk of paying more than it should for goods and … 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; readp rpg

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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. 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 … 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 … readq writeq

Option to Extend Sample Clauses: 3k Samples Law Insider

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 … 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. readout of president biden\u0027s virtualWebMay 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. readout technical details of hdd

"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 ... " - Option to extend far clause

Option to extend far clause

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

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 … 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 …

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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. 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]. 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: 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.

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 … 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.

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 …

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 … readout formatWebJul 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 … readout of presidentWeb(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. how to sync themes windows 10WebJan 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 … readout of president biden\\u0027s virtualWebJun 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 readoverlappedWebAug 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. how to sync thunderbird contacts with gmailWebFeb 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 … how to sync thunderbird between computers