PGI 217.204-170: Exercise of options.
R-DFARS PGI › Part 217 › PGI 217.204-170 · issued under 2026-O0027
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Before exercising an option for firm-fixed-price contracts containing spare parts, the contracting officer must perform a cost or price analysis of the proposed spare parts. The contracting officer must use an appropriate sampling technique or request field pricing assistance and document the contract file with the results of the cost or price analysis.