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536.270-1 Solicitations.

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536.270-1 Solicitations.

536.270-1 Solicitations.

Solicitations containing options shall:

      (a)  Include appropriate option provisions and clauses when resulting contracts will provide for the exercise of options (see 536.270-5);

      (b) State the period within which the options may be exercised; and

      (c)  State whether the basis of evaluation is inclusive or exclusive of the options (if exclusive, see 536.270-4(c)).