Mischia

Is it possible to exercise an option subject to the availability of funds? I'm looking at FAR Part 17.207 and it states a CO may exercise an option only after determining that funds are available; however I'm thinking of instances when the government does not have funding available (option years beginning on October 1st) and still requires the services. Thank you- Mischia

Thank you for the feedback so far. I ask, b/c I saw a contract awarded by an agency that was a multiple award requirements contract. I had never heard of such a thing and it was contradictory to what I knew about requirements contracts. I wanted to find out if someone on here knew something different. Thank you- Mischia

Has anyone ever heard of a multiple award requirements contract? Thank you- Mischia