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options processes ensuring integrity

New this Fall: Exercising Options with OPEN

Introducing Options Processes Ensuring Integrity (OPEN).

This fall, Federal Acquisition Service’s Multiple Award Schedule (MAS) is launching OPEN, a new way to exercise Options to Extend the Period of a Contract. OPEN is the result of a process improvement analysis that:

•Greatly reduces the number of steps,
•Introduces automated reports and documents,
•Provides contract holders and Contracting Officers a clear timeline and underscores acquisition excellence and quality.


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