[Code of Federal Regulations] [Title 48, Volume 6] [Revised as of October 1, 2007] From the U.S. Government Printing Office via GPO Access [CITE: 48CFR1552.217-71] [Page 86-87] TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM CHAPTER 15--ENVIRONMENTAL PROTECTION AGENCY Sec. 1552.217-71 Option to extend the term of the contract--cost-type contract. As prescribed in 1517.208(b), insert this contract clause in cost- reimbursement type term form contracts when applicable. If only one option period is used, enter ``NA'' in the proper places of the clause. If more than two option periods apply, the clause may be modified accordingly. Option To Extend the Term of the Contract--Cost-Type Contract (APR 1984) The Government has the option to extend the term of this contract for ------ additional period(s). If more than 60 days remain in the contract period of performance, the Government, without prior written notification, may exercise this option by issuing a contract modification. To exercise this option within the last 60 days of the period of performance, the Government must provide to the Contractor written notification prior to that last 60-day period. This preliminary notification does not commit the Government to exercising the option. The Government's estimated level of effort is ------ direct labor hours for the first option period and ------ for the second. Use of an option will result in the following contract modifications: (a) The ``Period of Performance'' clause will be amended to cover a base period from ---- to ---- and option periods from ---- to ---- and ---- to ----. (b) Paragraph (a) of the ``Level of Effort'' clause will be amended to reflect a new and separate level of effort of ---- for the first option period and a new and separate level of effort of ---- for the second option period. [[Page 87]] (c) The ``Estimated Cost and Fixed Fee'' clause will be amended to reflect increased estimated costs and fixed fee for each option period as follows: ------------------------------------------------------------------------ Option 1 Option 2 ------------------------------------------------------------------------ Estimated cost.................................... ......... ......... Fixed fee......................................... ......... ......... --------------------- Total......................................... ......... ......... ------------------------------------------------------------------------ (d) If the contract contains ``not to exceed amounts'' for elements of other direct costs (ODC), those amounts will be increased as follows: ------------------------------------------------------------------------ Other direct cost item Option 1 Option 2 ------------------------------------------------------------------------ ......... ......... ......... ......... --------------------- ......... ......... ------------------------------------------------------------------------ (End of clause)