1.4 OPTIONS
The contract contains a basic contract period of 12 months plus four (4) 12-month options for a total maximum duration of 60 months, or lifetime value of $90 million, whichever occurs first. The Government has the option to extend the term of the contract in accordance with the contract clause entitled 'Option to Extend the Term of the Contract, FAR 52.217-9'. The Government may extend the term of this contract by written notice to the Contractor within the performance period specified in the Schedule, provided that the Government will give the Contractor a preliminary written notice of its intent to extend 10 days before the contract expires. The preliminary notice does not commit the Government to an extension.