Examples of Option to Extend in a sentence
However, the term does not include contracts that exceed five years in duration because the period of performance has been extended for a cumulative period not to exceed six months under the clause at 52.217-8, Option to Extend Services, or other appropriate authority.
The City shall give written notice to Consultant of the City’s election to exercise the extension via the Notice of Exercise of Option to Extend document.
The City shall give written notice to Contractor/Service Provider of the City’s election to exercise the extension via the Notice of Exercise of Option to Extend document.
The contract ordering period begins on the Master Contract’s Effective Date July 1, 2018, also referred to by the GSA GWAC Program as the Notice-to-proceed date, and continues through the five-year base period plus the single five-year Option period, which may extend the cumulative term of the contract to a maximum of 10 years in accordance with FAR 52.217-9, Option to Extend the Term of the Contact, if exercised.
The period of performance of OASIS is from September 3, 2014 through September 2, 2019 with 1 (5-year) option that may extend the cumulative term of the contract to September 2, 2024 in accordance with FAR 52.217-9, Option to Extend the Term of the Contact, if exercised.