An Official Website Of The United States Government

PGI 217.207 Exercise of options.

My Favorites


PGI 217.207 Exercise of options.

PGI 217.207 Exercise of options.

Before exercising an option for firm-fixed-price contracts containing spare parts, the contracting officer shall perform a cost or price analysis of the proposed spare parts. The contracting officer shall use an appropriate sampling technique or request field pricing assistance, and document the contract file with the results of the cost or price analysis.