Chris Milburn

How does FAR 17.204(d) play into all this? My read is, the contract shall state the period in which the option may be exercised and that period may extend beyond the completion date of the contract. If the FAR says that you can exercise an option at some point after the service is complete, after a time void of payment or reciept of services, how can it be said that you cannot exercise an option after the PoP is ended? 17.204 -- Contracts.(a) The contract shall specify limits on the purchase of additional supplies or services, or the overall duration of the term of the contract, including any extension. ( The contract shall state the period within which the option may be exercised. © The period shall be set so as to provide the contractor adequate lead time to ensure continuous production. (d) The period may extend beyond the contract completion date for service contracts. This is necessary for situations when exercise of the option would result in the obligation of funds that are not available in the fiscal year in which the contract would otherwise be completed.