GSAM

GSAM

Change Number: Change 155 GSAM Case 2021-G525
Effective Date: 08/30/2022

517.208 Solicitation provisions.

      (a) Insert a provision substantially the same as the provision at 552.217-70, Evaluation of Options, in solicitations for the Special Order Program when the following conditions apply:

           (1)The solicitation contains an option to extend the term of the contract; and

           (2)The contract will be fixed price and contain an economic price adjustment clause.

      (b)Insert a provision substantially the same as the provision at 552.217-71, Notice Regarding Option(s), in solicitations that include an option for increased quantities of supplies or services or an option clause to extendthe term of the contract.