[Code of Federal Regulations]
[Title 48, Volume 1]
[Revised as of October 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 48CFR17.205]

[Page 325]
 
            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM
 
                CHAPTER 1--FEDERAL ACQUISITION REGULATION
 
PART 17_SPECIAL CONTRACTING METHODS--Table of Contents
 
                          Subpart 17.2_Options
 
Sec.  17.205  Documentation.

    (a) The contracting officer shall justify in writing the quantities 
or the term under option, the notification period for exercising the 
option, and any limitation on option price under 17.203(g); and shall 
include the justification document in the contract file.
    (b) Any justifications and approvals and any determination and 
findings required by part 6 shall specify both the basic requirement and 
the increase permitted by the option.

[48 FR 42231, Sept. 19, 1983, as amended at 50 FR 1742, Jan. 11, 1985; 
50 FR 52429, Dec. 23, 1985]