Determination and findings to exercise an option

to:	contract file

from:	, contract Specialist

subject:	determination and findings to exercise an option

Contract #

For

date:	6/14/2005

cc:

Upon the basis of the following findings and determination, the proposed Option # may be executed pursuant to the contract clause FAR 52-217-9, “Option to Extend the Term of the Contract.”

I.	FINDINGS

a.	has indicated the need to exercise Option # to provide . Option # was unfunded in the original contract.

b.	submitted a Procurement Request No. , dated , in the amount of to fund the option requirements.

c.	The exercise of the option is the most advantageous method of fulfilling the Government's need, price and other factors considered.

(1)	Price - The total negotiated price for the option is . The contract price, including the option, was determined fair and reasonable based upon both cost and price analysis. All prices, including Option #, were negotiated prior to contract award. Discussions with , indicate that the negotiated price is still fair and reasonable for these services.

(2)	Other factors -

d. The contractor, , is responsible within the meaning of FAR 9.104-1 "General Standards" and is not listed on GSA's "Excluded Parties List," dated: .

II.	DETERMINATION

Based on the findings presented above, I hereby determine that Option # to provide is in accordance with the contract terms and conditions and the requirements of FAR part 17; and is the most advantageous method of acquiring these needed services for the Government.

, Contracting Officer	Date

5

2

Elegant Memo

ARS

2005-06-14