§217.7403. Policy.
48 C.F.R. § 217.7403
DoD policy is that undefinitized contract actions shall—
Be used only when—
The negotiation of a definitive contract action is not possible in sufficient time to meet the Government's requirements; and
The Government's interest demands that the contractor be given a binding commitment so that contract performance can begin immediately.
Be as complete and definite as practicable under the particular circumstances.
Notes, amendments, and revision history
Authority
Authority: 41 U.S.C. 1303 and 48 CFR chapter 1.
Source
Source: 56 FR 36345, July 31, 1991, unless otherwise noted.