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                            1552.217-77   Option to extend the term of the contract fixed price.
        
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EPAARPart Number: 1552
        
                  

                                
                  
        Environmental Protection Agency Acquisition Regulation
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1552.217-77 Option to extend the term of the contract fixed price.       As prescribed in 1517.208(h), insert the following clause:                                  Option To Extend the Term of the Contract Fixed Price (OCT 2000)                                  The Government has the option to extend the term of this contract for ____ additional period(s). If more than ____ days remain in the contract period of performance, the Government, without prior written notification, may exercise this option by issuing a contract modification. To exercise this option within the last ____ days of the period of performance, the Government must provide to the Contractor written notification prior to that last ____ -day period. This preliminary notification does not commit the Government to exercising the option. Use of an option will result in the following contract modifications:                                  (a) The “Period of Performance” clause will be amended as follows to cover the Base and Option Periods:                                  Period                                              Start date                                              End date                                                                                                         (b) During the option period(s) the Contractor shall provide the services described below:                                  Period                                              Attachment                                                                                                         (c) The “Consideration and Payment” clause will be amended to reflect increased fixed prices for each option period as follows:                                  Fixed price                                              Option period                                                                                                      (End of clause)    **Parent topic:**  Subpart 1552.2 - Texts of Provisions and Clauses
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