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

(1) As covered in Chapter 4, this statutory requirement is implemented so that such validation findings are made not once, but twice; before solicitations are issued and prior to award of multi-year contract. Prior to award of a multi-year contract, the contracting officer should validate the original determination (i.e., the initial findings). The Validation Findings take the form of a one-page findings supported by an updated set of exhibits reflecting validated multi-year savings. The purpose of validating multi-year savings is to verify prior to award that multi-year savings will indeed be sufficient to warrant using a multi-year contract.