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MODULE 5| CONTRACT MODIFICATION, TERMINATION, AND CLOSEOUT 3.7 EXERCISE: OPTIONS Directions Read the scenario and use the sample services contract to answer the corresponding questions. Scenario You are the contracting ofcer for contract DWNA1219C4306 for sh counting services. The requirements owner has informed you that DWNA would like to exercise the rst oneyear option period. Questions 1. Which clause in the contract permits you to exercise the first option period, within the stated limitations? [2 points) FAR 52.217-8 Option to Extend Services a. b. FAR 52.232-18 Availability of Funds c 52.243-7 Notification of Changes cl FAR 52.2179, Option to Extend the Term of the Contract 2. What is the cutoff date for providing the contractor your written intent to exercise the option? (2 points) a. December 2, 2019 b. December 15, 2019 c. January 1, 2020 d. January 30, 2020 What is the supporting citation for determining the deadline for the written intent? [2 points) FAR 52.217-9(a) FAR 52.2179 a b. c. FAR 52.2178 d FAR 52.2179(c) Does the preliminary notice commit the government to an extension? (2 points) a. Yes b. No What is the citation that supports whether or not the preliminary notice commits the government to an extension? (2 points) 52217-9 522178 52.2179(a) 52.2179(c) 9.0.69: LESSON 3 | OPTIONS 6. Which of the circumstances below would prevent exercising the option? (2 points) a. Funds are available b. The exercise of the option is the most advantageous method of fulfilling the government's need, price and other factors considered 0. The option was not evaluated as part of the initial competition d. The contractor's performance on this contract has been acceptable 7. What is the supporting citation for guidance on the steps required before exercising an option? (2 points) a. FAR 17.207(c) FAR 17.20? b. c. FAR 17.2mm d FAR 17.2mm 8. A written determination is required before exercising an option stating that exercise is in accordance with: (2 points) Terms of the option FAR 17.20? a b. c. FAR part 6 cl All of the above What is the supporting citation for the required contents of the written determination? (2 points) FAR 17.2mm FAR 17.207 FAR 17.207(f)(1) FAR 17.207(g) Roy-T9: _ What must you reference in the contract modification to exercise the option as the authority for the action? (2 points) a FAR 17.20? b. FAR 17.208(f) c. FAR 17.208(g)(2) d FAR 17.207(g)