UNILATERAL OPTION YEARS definition

UNILATERAL OPTION YEARS. Each contract awarded will contain a provision for unilateral options on the part of the Contracting Officer to extend the term of the contract for up to five (5), one (1) year unilateral option periods. The exercise of unilateral options is IAW FAR 52.217-9 entitled "Option To Extend the Term of the Contract". Acceptance of this clause is mandatory. Therefore, submission of an offer shall be considered the Offerors acceptance of the unilateral option provision.