Subpart 5617.2 - OPTIONS
5617.202 Use of Options.
The Contracting Officer shall not include options on contracts awarded under the authority cited in FAR 6.302-2 , Unusual and Compelling Urgency.
5617.204 Contracts.
(e)
(i) The Chief of the Contracting Office making an award in accordance with FAR 17.204 may approve total contract periods in excess of 5 years on a case-by-case basis, unless otherwise prohibited by statute or regulation. This authority shall not be re-delegated.
(A) All approvals shall be made prior to issuing the solicitation and shall be included in the contract file.
(B) The documentation shall specify the reasons a period longer than 5 years is needed, what cost or price and performance risks are associated with the longer period, and how the risks will be mitigated.
5617.207 Exercise of Options
5617.207-90 Documenting the Contracting Officer Determination.
(Revised June 2008)
(a) The determination shall be made in writing and approved by the Contracting Officer prior to issuing a modification to the contractor.
(b) The contracting officer shall also make a determination of contractor responsibility prior to exercising the option (See FAR 9.104 ).