Current through November 30, 2024
Section 436.205 - Statutory cost limitations(a) When it appears that funds may be insufficient for all the desired features of construction, the contracting officer may provide in the solicitation for a base bid item covering the work as specified and for one or more additive or deductive bid items which progressively add or omit specified features of the work in a stated order of priority.(b) In the alternative, the contracting officer may use the policies and procedures found in FAR 17.2, Options.