GroundRules
48 CFR 552.236-77: 552.236-77 Government's Right to Exercise Options.
Where this section sits in the code
- Title 48—Federal Acquisition Regulations System
- CHAPTER 5—GENERAL SERVICES ADMINISTRATION
- SUBCHAPTER H—CLAUSES AND FORMS
- PART 552—SOLICITATION PROVISIONS AND CONTRACT CLAUSES
- Subpart 552.2—Text of Provisions and Clauses
As prescribed in 536.270-5(d), insert a clause substantially the same as the following clause:
Government's Right to Exercise Options (MAR 2019)
(a) The Government may exercise any option in writing in accordance with the terms and conditions of the contract within ______ [insert the period of time within which the Contracting Officer may exercise the option]. Unless otherwise specified, options may be exercised within 90 calendar days of contract award.
(b) If the Government exercises the option, the contract shall be considered to include this option clause.
(End of clause)
Collected 2026-08-27T02:26:29Z. Source file · JSON