TO3.EO1b Interpret the policies and procedures for performing contract administration. Question 2 of 24. You are the contracting officer for a commercial services contract that contains options. You send the preliminary notice of your intent to extend the contract within the timeframe outlined in the options clause. Which one of the following statements is correct? You may exercise the option using a unilateral modification. The preliminary notice commits the Government to exercising the option. The option must be exercised using a bilateral modification. No further action is required to exercise the option. Mark for follow up x Back Save / Return Later Summary Next >