Code of Federal Regulations · Section
§ 317.107 — 317.107 Options
48 C.F.R. § 317.107
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When included as part of a multi-year contract, use of options shall not extend the performance of the original requirement beyond 5 years. Options may serve as a means to acquire related services (severable or non-severable) and, upon their exercise, shall receive funding from the then-current fiscal year's appropriation.
Authorizing Statute
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Administrative40 U.S.C. § 121
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Departmental regulations5 U.S.C. § 301