48 CFR § 217.202
Use of options
November 17, 2020
(1) See PGI 217.202 for guidance on the use of options.
(i) See PGI 217.202(1) for guidance on the use of options with foreign military sales (FMS).
(ii) See PGI 217.202(2) for the use options with sole source major systems for U.S. and U.S./FMS combined procurements.
(2) See 234.005-1 for limitations on the use of contract options for the provision of advanced component development, prototype, or initial production of technology developed under the contract or the delivery of initial or additional items.
[75 FR 32638, June 8, 2010, as amended at 81 FR 17045, Mar. 25, 2016, 84 FR 65307, Nov. 27, 2019]