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DSCR I92J: OPTION TO EXTEND THE TERM OF THE CONTRACT - SEPARATE ECONOMIC PRICE ADJUSTMENT AND FIRM FIXED PRICE PORTIONS, at FARSmarterBids.com

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DSCR I92J: OPTION TO EXTEND THE TERM OF THE CONTRACT - SEPARATE ECONOMIC PRICE ADJUSTMENT AND FIRM FIXED PRICE PORTIONS


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Section: I
DPACS Code: I92J
BSM Code: I17F41
Clause Number: 52.217-9G24
Type: LOCAL
Clause last updated: 2000-07

Date of text: 2000-02
I92J   52.217-9G24  OPTION TO EXTEND THE TERM OF THE CONTRACT -  DSCR (FEB 2000)
                    SEPARATE EPA AND FIRM FIXED PRICE PORTIONS

    (a) If the Government exercises this option as allowed by FAR Clause 52.217-9 
in Section I, the extended contract shall be considered to include this option 
provision. Each exercise of this option, if any, will extend the term of this 
contract by 12 months. 

    (b) The offeror agrees to furnish during the option period those items cited 
in the Schedule that are subject to Economic Price Adjustment (EPA) at unit prices 
made up of two portions: 

        (1)  a portion applicable to the purchase costs of the specific material 
subject to adjustment under the EPA clause of this contract, at the dollar value 
per unit as adjusted under the clause, otherwise the dollar value specified in 
column (5) of the Table of such clause, and 

        (2)  the remaining portion of the price for the same contract line item, 
which is not subject to economic price adjustment, shall be separately priced for 
each option period as follows: 


           ITEM       OPTION       OPTION       OPTION       OPTION 
           NUMBER     YEAR 1       YEAR 2       YEAR 3       YEAR 4

           ______     _______      _______      _______      _______


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