Solicitations containing options shall:
(a) Include appropriate option provisions and clauses when resulting contracts will provide for the exercise of options (see 536.270-5);
(b) State the period within which the options may be exercised; and
(c) State whether the basis of evaluation is inclusive or exclusive of the options (if exclusive, see 536.270-4(c)).
source: 64 FR 37224, July 9, 1999, unless otherwise noted.
cite as: 48 CFR 536.270-2