{"data":{"id":"us/48-cfr-1552.217-77","jurisdiction":"us","citation":"48 CFR 1552.217-77","heading":"1552.217-77 Option to extend the term of the contract fixed price.","body":"As prescribed in 1517.208(h), insert the following clause:\nOption To Extend the Term of the Contract Fixed Price (OCT 2000)\nThe 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:\n(a) The “Period of Performance” clause will be amended as follows to cover the Base and Option Periods:\nPeriod Start date End date\n(b) During the option period(s) the Contractor shall provide the services described below:\nPeriod Attachment\n(c) The “Consideration and Payment” clause will be amended to reflect increased fixed prices for each option period as follows:\nFixed price Option period\n(End of clause)","path":["Title 48—Federal Acquisition Regulations System","CHAPTER 15—ENVIRONMENTAL PROTECTION AGENCY","SUBCHAPTER H—CLAUSES AND FORMS","PART 1552—SOLICITATION PROVISIONS AND CONTRACT CLAUSES","Subpart 1552.2—Texts of Provisions and Clauses"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-48.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:26:29Z","sha256":"a0c62cc4c14463bd50f0110132f128b7b5c8aa864f5de07a48365ab4c5f969f7","source_id":"us-cfr","stale":true,"prev":"us/48-cfr-1552.217-76","next":"us/48-cfr-1552.219-70-1552.219-74"},"notice":"GroundRules: Original legal text. Not legal advice."}