Current through September 30, 2024
Section 536.270-2 - SolicitationsSolicitations containing options shall:
(a) Include appropriate option provisions and clauses when resulting contracts will provide for the exercise of options (see 536.270-5);(b) State the period within which the options may be exercised; and(c) State whether the basis of evaluation is inclusive or exclusive of the options (if exclusive, see 536.270-4(c)).