Subpart 5617.2 - OPTIONS
5617.202 Use of Options.
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.