§436.205. Statutory cost limitations.
48 C.F.R. § 436.205
When it appears that funds may be insufficient for all the desired features of construction, the contracting officer may provide in the solicitation for a base bid item covering the work as specified and for one or more additive or deductive bid items which progressively add or omit specified features of the work in a stated order of priority.
In the alternative, the contracting officer may use the policies and procedures found in FAR 17.2, Options.
Notes, amendments, and revision history
Authority
Authority: 5 U.S.C. 301 and 40 U.S.C. 486(c).
Source
Source: 89 FR 81015, Oct. 7, 2024, unless otherwise noted.