If you have a Base Period with multiple award terms, can they run concurrently?
I know of no FAR prohibition on award terms running concurrently. Two essentials for using award terms are a continuing Government requirement, and funding. If the award terms conform to the award term clauses in the contract and are based on demonstrated superior contractor performance, I am not aware of any regulatory problem with doing so. Of course there may be agency or command policy governing this matter that would have to be followed.
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