[Code of Federal Regulations]

[Title 48, Volume 1]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 48CFR17.205]



[Page 335]

 

            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]