§817.7003. Policy.
48 C.F.R. § 817.7003
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.
Notes, amendments, and revision history
Source
Source: 84 FR 29393, June 24, 2019, unless otherwise noted.
Authority
Authority: 38 U.S.C. 8127-8128; 41 U.S.C. 1303; 41 U.S.C. 1702; and 48 CFR 1.301-1.304.
Source
Source: 73 FR 2717, Jan. 15, 2008, unless otherwise noted.