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§317.107. Options.

48 C.F.R. § 317.107

When included as part of a multi-year contract, use of options shall not extend the performance of the original requirement beyond 5 years. Options may serve as a means to acquire related services (severable or non-severable) and, upon their exercise, shall receive funding from the then-current fiscal year's appropriation.
Notes, amendments, and revision history

Authority

Authority: 5 U.S.C. 301; 40 U.S.C. 121(c)(2).

Source

Source: 80 FR 72151, Nov. 18, 2015, unless otherwise noted.