The contracting officer determined there is a high likelihood that all four of the option years will
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The contracting officer determined there is a high likelihood that all four of the option years will be exercised after the base year award. In addition, the contracting officer foresees a potential likelihood to extend this contract after option 4, in case the follow on contract is not awarded in time. Therefore, in this solicitation, should the contracting officer include the provision at 52.217-3 (Evaluation Exclusive of Options), or 52.217-5 (Evaluation of Options)? Why?
Related Book For
Financial Reporting and Analysis
ISBN: 978-1259722653
7th edition
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
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