Official text of 1552.217-77
As prescribed in 1517.208(h), 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:
| Period | Start date | End date |
(b) During the option period(s) the Contractor shall provide the services described below:
| Period | Attachment |
(c) The “Consideration and Payment” clause will be amended to reflect increased fixed prices for each option period as follows:
| Fixed price | Option period |
(End of clause)
Where it's prescribed
As prescribed in 1517.208(h), insert the following clause:
Verifying this text
The text above is reproduced verbatim from GSA's published source files for the Environmental Protection Agency supplement. The controlling version is the one in the Code of Federal Regulations: 1552.217-77 on eCFR.