Can an option year modification be exercised early?
This response is based on the information provided. We suggest you discuss with your contracting officer and Source Selection Authority as appropriate.
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You can exercise the option earlier than required, but that does not meet the intent of your finance people. Even though you exercise early, the period does not start early. That would take a bilateral modification as you would be changing the terms of the contract. You are effectively trying to shorten the period of performance of the present period. Were we the contractor, we would not want to reduce the period of performance and thus our revenue.