|
|
|
DSCR I92BB: FLEXIBLE OPTIONS
Deprecated: Function mysql_numrows() is deprecated in /home/simplyauto/www/regs/supplycenters/dscr/clause.php on line 182
Section: I
DPACS Code: I92BB
BSM Code: I17F36
Clause Number: 52.217-9G15 ALT I
Type: LOCAL
Clause last updated: 2000-01
|
Date of text: 1999-11
I92BB 52.217-9G15 FLEXIBLE OPTIONS DSCR (NOV 1999)
ALT I
(a) This solicitation is for an indefinite quantity with a
guaranteed minimum for the base year. It also includes
________ options for one year each. Each option year is also
for an indefinite quantity, but there is no guaranteed minimum.
Each year also has a stated maximum, which applies to that
year. In the event the Government orders up to the stated
maximum prior to the end of any current contract year, the
Government reserves the right, with the notice prescribed
below, to exercise the next option year before the expiration
of the current contract year. In the event the Government
exercises this right, the remaining option years will be
moved forward to coincide with the exercise of the option
year.
(b) For example, the base year is from January 1996 until
December 1996. The first option year is from January 1997
until December 1997, and so on for the remaining option
years. The Government reaches the maximum quantity for the
base year in August 1996. The Government provides the
prescribed notice of intent to exercise Option Year 1 in
August. During September the Government exercises Option
Year 1 effective October 1, 1996. Option Year 1 now is from
October 1996 until September 1997, with each subsequent
option year also being moved forward to coincide with the
exercise of the option.
(c) To exercise this right, the Government will provide
written notice of its intent to exercise the option any time
after having ordered _________% of the stated maximum or within
thirty days of the effective date of any delivery order that
reaches the stated maximum quantity. The option shall be
exercised no more than sixty days after written notice of
intent is provided to the contractor. Exercising this right
shall be at no additional cost to either party. Failure to
exercise this right shall have no effect on the remaining
option years, which shall remain available for exercise in
accordance with the terms stated elsewhere in this contract.
Warning: require(/home/simplyauto/www/includes/site_footer.php): failed to open stream: Permission denied in /home/simplyauto/www/regs/supplycenters/dscr/clause.php on line 369
Fatal error: require(): Failed opening required '../../../includes/site_footer.php' (include_path='.:/usr/local/lib/php') in /home/simplyauto/www/regs/supplycenters/dscr/clause.php on line 369
| |