Common use of Option Years Clause in Contracts

Option Years. The Department shall have the right to unilaterally extend the term of this agreement for four (4), one (1) year option periods or successive portions thereafter. The Department shall give the Contractor preliminary, written notice of its intent to exercise an option period at least thirty (30) days in advance of the contract expiration. The Contractor may waive the thirty (30) day notice requirement by providing a written waiver to the Contracting Department prior to the expiration of the Contract.

Appears in 3 contracts

Samples: Agreement, Agreement, dgs.dc.gov

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Option Years. a. The Department shall have the right to unilaterally extend the term of this agreement for four two (42), one (1) year option periods or successive portions thereafter. The Department shall give the Contractor preliminary, written notice of its intent to exercise an option period at least thirty (30) days in advance of the contract expiration. The Contractor may waive the thirty (30) day notice requirement by providing a written waiver to the Contracting Department prior to the expiration of the Contract.

Appears in 1 contract

Samples: dgs.dc.gov

Option Years. The Department shall have the unilateral right to unilaterally extend the term of this agreement Agreement for four (4), one (1) one-year option periods periods, or successive portions thereafter. The Department shall give fractions thereof by written notice to the Contractor preliminary, written notice of its intent to exercise an option period at least thirty (30) days in advance of the contract expiration. The Contractor may waive the thirty (30) day notice requirement by providing a written waiver to the Contracting Department prior to before the expiration of the Contractcontract.

Appears in 1 contract

Samples: dgs.dc.gov

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Option Years. The Department shall have the right to unilaterally extend the term of this agreement Agreement for four (4)) four, one (1) one year option periods periods, or successive portions thereafter. The Department shall give fractions thereof by written notice to the Contractor preliminary, written notice of its intent to exercise an option period at least thirty (30) days in advance of the contract expiration. The Contractor may waive the thirty (30) day notice requirement by providing a written waiver to the Contracting Department prior to the expiration of the Contractcontract.

Appears in 1 contract

Samples: dgs.dc.gov

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