48 C.F.R. PART 617—SPECIAL CONTRACTING METHODS
Title 48 - Federal Acquisition Regulations System
Authority: 40 U.S.C. 486(c); 22 U.S.C. 2658.
Source: 53 FR 26169, July 11, 1988, unless otherwise noted.
Source: 64 FR 43624, Aug. 11, 1999, unless otherwise noted.
(b) The Procurement Executive is the agency head for the purpose of FAR 17.104(b). (d) Every multiyear contract shall comply with FAR 17.104(c), unless an exception is approved through the budget process in coordination with the cognizant financial management office/comptroller. (a) The Procurement Executive is the agency head for the purposes of FAR 17.108(a). Evaluated option means an option that is evaluated for award purposes by adding the total price for the option(s) to the total price for the basic requirement. Price option means an option where the amount for the option is specified in or is reasonably determinable from the terms of the basic contract, as described in FAR 17.207(f) (1) through (5). Unevaluated option means an option that is not included in the evaluation for award purposes. Unpriced option means an option where the prices for the option quantities or performance periods are not specified in the contract at the time of award and the option prices are negotiated at the time the option is exercised. [53 FR 26169, July 11, 1988, as amended at 59 FR 66759, Dec. 28, 1994] (e) The Procurement Executive shall approve any solicitations or contracts which exceed the five (5) year maximum length for supplies or services. The Procurement Executive may delegate this approval authority to individuals within the Office of the Procurement Executive. [59 FR 66759, Dec. 28, 1994, as amended at 69 FR 19332, Apr. 13, 2004] The authority to make the determination prescribed in FAR 17.503 is delegated to the head of the contracting activity. [64 FR 43624, Aug. 11, 1999] (a) Department deputy assistant secretaries and Bureau Executive Directors or their equivalents are authorized to execute Economy Act IAAs. Department contracting officers also are authorized to execute Economy Act IAAs, as prescribed in FAR 17.504(a). (b) Department of State form DS–1921, Award/Modification of Interagency Acquisition Agreement, shall be used for all Economy Act IAAs where the Department is the requesting agency. It shall also be used for Economy Act IAAs where the Department is the servicing agency if the requesting agency does not have a similar form that provides the same information. [59 FR 66759, Dec. 28, 1994, as amended at 64 FR 43624, Aug. 11, 1999; 69 FR 19332, Apr. 13, 2004] The Assistant Secretary for Administration is the agency head for the purposes of FAR 17.602.
Title 48: Federal Acquisition Regulations System
PART 617—SPECIAL CONTRACTING METHODS
Section Contents
617.104 General.
617.105 Policy.
617.105-1 Uses.
617.108 Congressional notification.
617.201 Definitions.
617.201-70 DOSAR Definitions.
617.204 Contracts.
617.503 Determination and findings requirements.
617.504-70 Ordering procedures.
617.602 Policy.
Subpart 617.1—Multiyear Contracting
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617.104 General.
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617.105 Policy.
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617.105-1 Uses.
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617.108 Congressional notification.
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Subpart 617.2—Options
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617.201 Definitions.
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617.201-70 DOSAR Definitions.
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617.204 Contracts.
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Subpart 617.5—Interagency Acquisitions Under the Economy Act
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617.503 Determination and findings requirements.
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617.504-70 Ordering procedures.
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Subpart 617.6—Management and Operating Contracts
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617.602 Policy.
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