Common use of TASK ORDER PERIOD OF PERFORMANCE Clause in Contracts

TASK ORDER PERIOD OF PERFORMANCE. 5.1. The term for each Order placed under the Basic Contract shall be specified in the individual Order. Under no circumstances may a new order be placed under the Basic Contract if the Basic Contract is not in effect, has expired, has been cancelled or has been terminated. 5.2. Orders may be awarded during the STARS II GWAC Basic Contract’s life, which is also referred to as the Contract Ordering Period (COP). Therefore the COP, like the Basic Contract term, is for a five-year base period with one five-year option. Orders may not be issued outside the COP. 5.3. An Order may be issued with a period of performance (PoP) of up to seven years from the date the Order is placed, with or without option periods during the PoP, provided: 1) The Order PoP is consistent with the customer agency’s policy on task order duration and funding. 2) Orders that may run beyond the final day of the underlying GWAC COP are limited to three years beyond the final day of the basic contract option, which means all orders have to be substantially completed by (exact date to be determined). 3) Multi-year contracting is one of the ways to structure an Order’s PoP and is a highly specialized endeavor. OCOs considering multi-year contracting are reminded of their obligations under FAR 1.602-2. 5.4. Order duration is not dependent upon the Center exercising the Basic Contract option. This means that an OCO can exercise an Order option period even if the Basic Contract is no longer available for new Orders. OCOs are required to document that Order options are in the best interest of the Government consistent with FAR 17.207, or authorized customer agency supplement.

Appears in 3 contracts

Samples: Governmentwide Acquisition Contract, 8(a) Stars Ii Governmentwide Acquisition Contract, 8(a) Stars Ii Governmentwide Acquisition Contract (Gwac)

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TASK ORDER PERIOD OF PERFORMANCE. 5.1. The term for each Order placed under the Basic Contract shall be specified in the individual Order. Under no circumstances may a new order be placed under the Basic Contract if the Basic Contract is not in effect, has expired, has been cancelled or has been terminated. 5.2. Orders may be awarded during the STARS II GWAC Basic Contract’s life, which is also referred to as the Contract Ordering Period (COP). Therefore the COP, like the Basic Contract term, is for a five-year base period with one five-five- year option. Orders may not be issued outside the COP. 5.3. An Order may be issued with a period of performance (PoP) of up to seven years from the date the Order is placed, with or without option periods during the PoP, provided: 1) The Order PoP is consistent with the customer agency’s policy on task order duration and funding. 2) Orders that may run beyond the final day of the underlying GWAC COP are limited to three years beyond the final day of the basic contract option, which means all orders have to be substantially completed by (exact date to be determined). 3) Multi-year contracting is one of the ways to structure an Order’s PoP and is a highly specialized endeavor. OCOs considering multi-year contracting are reminded of their obligations under FAR 1.602-2. 5.4. Order duration is not dependent upon the Center exercising the Basic Contract option. This means that an OCO can exercise an Order option period even if the Basic Contract is no longer available for new Orders. OCOs are required to document that Order options are in the best interest of the Government consistent with FAR 17.207, or authorized customer agency supplement.

Appears in 2 contracts

Samples: Governmentwide Acquisition Contract, Governmentwide Acquisition Contract (Gwac)

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