As quite a few have mentioned, you need to do as being the deal states with regards to funding the bare minimum(s). I believe the original poster was perplexing an unpriced option with having to fund when exercising a choice.
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(ii) Specify the full least and highest quantity of provides or providers the Government will receive beneath the contract;
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When the contract would need the government to acquire anything in the course of the option period of time if the option were being exercised, then performing exercises the option would obligate The federal government, so you would need resources to protect the obligation.
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(2) Dependant on the contracting officer’s knowledge of the market, far more favorable conditions and terms, including pricing, will likely be presented if only one award is made;
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A TU app would even be pleasant, but no mention of that possibly, and if it had been coming, I might Feel they would mention it.
(three) The agreement can also specify highest or bare minimum portions that The federal government may possibly purchase below Every job or delivery get and the utmost that it might order during a selected timeframe.
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