Regulations last checked for updates: May 16, 2024

Title 48 - Federal Acquisition Regulations System last revised: May 14, 2024
317.107 - 317.107 Options.

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.

authority: 5 U.S.C. 301; 40 U.S.C. 121(c)(2)
source: 80 FR 72151, Nov. 18, 2015, unless otherwise noted.
cite as: 48 CFR 317.107