D.C. Mun. Regs. r. 50-5044
Current through Register Vol. 71, No. 24, June 14, 2024
To exercise an option over one hundred thousand dollars ($100,000) the Contracting Officer must first obtain the approval of the CCO.
In addition to the approval of the CCO (if applicable), prior to exercising any option, the Contracting Officer must obtain certification of OAG's Agency Fiscal Officer (AFO) that funds are available for the exercise of the option.
When exercising an option, the Contracting Officer shall provide written notice to the contractor within the time period specified in the contract.
D.C. Mun. Regs. r. 50-5044