Fla. Admin. Code Ann. R. 60A-1.048 - Renewal and Extension

(1) Contracts for commodities or contractual services may be renewed for a period that may not exceed 3 years or the term of the original contract, whichever is longer, in varying increments (e.g., a two-year renewal followed by a four-month renewal) or for a single term (e.g., a two-year renewal). The agency shall document that the renewal is in the best interest of the State and keep such justification in the contract file.

(2) Contracts for commodities or contractual services may be renewed and extended in any sequence or combination.

Notes

Fla. Admin. Code Ann. R. 60A-1.048

Rulemaking Authority 287.032(2), 287.042(12) FS. Law Implemented 287.057(12), (13) FS.

New 6-21-04, Amended by Florida Register Volume 42, Number 061, March 29, 2016 effective 4/14/2016.

New 6-21-04, Amended 4-14-16.