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Remove Option Field into the Solicitiation

Remove Option Field into the Solicitiation and eSign it in minutes

Aug 6th, 2022

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

What determinations must the contracting officer make prior to exercising an option?

When using sealed bidding, the contracting officer shall make a written determination that there is a reasonable likelihood that the options will be exercised before including the provision at 52.217-5, Evaluation of Options, in the solicitation. (See 17.207(f) with regard to the exercise of options.)

What must you reference in the contract modification to exercise the option as the authority for the action?

(g) The contract modification or other written document which notifies the contractor of the exercise of the option shall cite the option clause as authority.

Who has the authority to execute contract modifications?

The contracting officer must prepare and issue a contract modification to modify the agreement.

What modification authority must be cited when making administrative changes to a contract using the SF 30?

When effecting an administrative change modification, check Block 13B of the SF 30. No other specific authority need be cited. agree to the change (i.e., sign the modification) prior to effecting the modification? Is the modification a Change Order pursuant to one of the Changes clauses in the contract?

What is the simplified acquisition threshold for $750 000?

The simplified acquisition threshold is raised from $250,000 to $750,000 for domestic purchases and $1.5 million for purchases outside the U.S. Agencies may use simplified acquisition procedures up to $13 million for purchases of commercial item buys.

Which type of solicitation is typically used when using simplified acquisition procedures?

The simplified acquisition methods include use of the Government Purchase Card, Purchase Orders, and Blanket Purchase Agreements. The Contracting Officer solicits quotations from prospective contractors on these purchase items by issuing a Request for Quotation (RFQ).

Which solicitation should be used for contracting by negotiation?

Through the use of the competitive proposal solicitation form, the government solicits offers from prospective contractors. After the receipt of such offers, the procedure permits bargaining, and usually affords an opportunity for offerors to revise their offers before award of the contract.

What is the far authority to exercise an option?

The clause at FAR 52.217-9 addresses exercising an option that is within the scope (including the period of performance) of the contract. It gives the Government the right to unilaterally exercise one or more options.

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