(b) WHEN YOU NEED TO VALIDATE MULTI-YEAR SAVINGS

(1) As mentioned in (a)(1) above, validation findings are accomplished not once, but twice. This occurs before solicitations are issued and prior to the award of a multi-year contract.

(i) Before solicitation issue. The Air Force refers to this determination as "Initial Multi-year Findings" and requires that it take the form of a one-page findings supported by a multi-year exhibit package. You can comply with this first regulatory requirement for validation findings by using the guidance in Chapter 10 of this guide.

(ii) Prior to multi-year contract award. Prior to award of a multi-year contract, the contracting officer is to verify that the original determination (i.e., the Initial Findings) remains valid. Validation Findings are made prior to initiation of the multi-year contract effort whether this is done on a negotiated price or an undefinitized basis and that the Validation Findings take the form of a one page findings supported by an "updated" set of exhibits reflecting "validated" multi-year savings. You can comply with this second regulatory requirement for validation findings by using the guidance in Chapter 15 of this guide.