48 C.F.R. § 1552.217-77
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)
[65 FR 58925, Oct. 3, 2000, as amended at 82 FR 33021, July 19, 2017]