HHS Reference Tool for Contract Funding, Formation and Appropriations Law Compliance
Option(s) for Non-severable Services — Multi-Year Contracting Procedures
Will the option(s) be structured using multi-year contracting procedures, funding the first program year and a separate, fully funded cancellation ceiling when exercised?
REMINDER: All options must comply with FAR Subpart 17.2. Use of options as a unilateral right of the Government requires their identification in the solicitation, evaluation of their terms and pricing as part of the award determination, and their inclusion in the contract award. Because the option discussed here will use the multi-year contracting procedure, it requires its own fully-funded cancellation ceiling (and funding for the first program year) upon being exercised. MORE…