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DSCR I90: OPTION TO EXTEND TERM OF CONTRACT - PRICE REDETERMINATION
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Section: I
DPACS Code: I90
BSM Code: I17F30
Clause Number: 52.217-9G07
Type: LOCAL
Clause last updated: 1996-05
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Date of text: 1996-05 (current version)
I90 52.217-9G07 OPTION TO EXTEND THE TERM DSCR (MAY 1996)
AND OF THE CONTRACT PRICE
I17F30 REDETERMINATION
(a) The Government may extend the term of this contract by
written notice to the contractor no later than 30 days prior to
the expiration of the contract; provided, that the Government
shall give the contractor a preliminary written notice of its
intent to extend at least 60 days before the contract expires.
The preliminary notice does not commit the Government to an
extension.
(b) If the Government exercises this option, the extended
contract shall be considered to include this option provision.
Each exercise of this option, if any, will extend the term of this
contract by 12 months. The total duration of this contract,
including the exercise of all options under this clause, shall
not exceed 60 months.
(c) The prices under each option extension shall be the
redetermined prices established in accordance with Clause
52.216-9G11 in Section I of the contract.
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