As prescribed in 1517.208(g), insert the following clause:
Option To Extend the Term of the Contract Fixed Price (OCT 2000)
The Government has the option to extend the term of this contract for___additional period(s). If more than___days remain in the contract period of performance, the Government, without prior written notification, may exercise this option by issuing a contract modification. To exercise this option within the last___days of the period of performance, the Government must provide to the Contractor written notification prior to that last ___-day period. This preliminary notification does not commit the Government to exercising the option. Use of an option will result in the following contract modifications:
(a) The “Period of Performance” clause will be amended as follows to cover the Base and Option Periods:
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Period Start date End date
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(b) During the option period(s) the Contractor shall provide the services described below:
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Period Attachment
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(c) The “Consideration and Payment” clause will be amended to reflect increased fixed prices for each option period as follows:
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Fixed price Option period
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(End of clause)
[65 FR 58925, Oct. 3, 2000]
