Clause
52.228-16_Alternate I Performance and Payment Bonds-Other Than Construction.
Original contract price means the award price of the contract or, for requirements contracts, the price payable for the estimated quantity; or, for indefinite-quantity contracts, the price payable for the specified minimum quantity. Original contract price does not include the price of any options, except those options exercised at the time of contract award.
- Type: Clause (C)
- Prescribed in: 28.103-4
- Effective: July 2000
- Primary source: eCFR 48 CFR 52.228-16 · acquisition.gov
Text excerpt from the eCFR API; read the full clause at the eCFR link above.
This is Alternate I of clause 52.228-16; the Alternate text sits inside the same eCFR section as the base clause.