Off Ramps Sample Clauses
The "OFF-RAMPS" clause defines specific conditions or mechanisms by which parties can exit or modify their obligations under an agreement before its natural conclusion. Typically, this clause outlines scenarios such as regulatory changes, business restructuring, or failure to meet certain milestones that would trigger the right to terminate or renegotiate the contract. By providing clear pathways for early exit, the clause helps manage risk and uncertainty, ensuring that parties are not unduly bound to unfavorable or impractical terms as circumstances evolve.
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Off Ramps. 4.7.1 The Government reserves the unilateral right to Off-Ramp non-performing Contractors. Contractors that are Off-Ramped will not be eligible to compete for new TOs in the Pool in which they are Off-Ramped, but will be required to continue performing active task orders until the period of performance of such orders ends. The Off- Ramp process under an IDIQ contract encompasses several methods by which the Government may exercise its right to remove a Contractor from a Pool of contract awardees. Examples of non-performance, includes, but is not limited to: 1) A Contractor does not meet minimum requirements for participating in task order competitions as described in PWS paragraph 4.4, 2.) A Contractor does not meet the small business subcontract goals established in PWS paragraph 4.5 and their Small Business Participation Plan, or 3) Unsatisfactory CPARS rating(s). The Off-Ramp methods include, but are not limited to:
(1) Contracting Officer determines that exercising an Option is not in the Government’s best interest, therefore the Government would allow the Contractor’s contract term to expire.
(2) Debarment, suspension, or ineligibility as defined in FAR Subpart 9.405-1, 9.405-2 (3) Termination as defined in FAR Part 49.402, 49.403