536.270-1 Solicitations.

Solicitations containing options shall:

  1. (a)  Include appropriate option provisions and clauses when resulting contracts will provide for the exercise of options (see 536.270-5);

  2. (b) State the period within which the options may be exercised; and

  3. (c)  State whether the basis of evaluation is inclusive or exclusive of the options (if exclusive, see 536.270-4(c)).