Options are Options

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In the often complicated context of government contracting, it can sometimes be easy to forget basic principles. For example, a contractor awarded a contract with a base period and option years knows that the government’s exercise of the option years is not guaranteed. Still, barring a performance issue, such options are overwhelmingly exercised. Many contractors count on this practical reality when determining how to allocate resources for contract capture and bid preparation efforts and similar business decisions. As demonstrated by the saga of Northrup Grumman Computing Systems, Inc., v. U.S., 120 Fed. Cl. 460 (Fed. Cl. 2015), <a target="_blank" …read more

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