48 C.F.R. § 817.7003 — Policy.
Federal Acquisition Regulations System 5 2023-10-01 2023-10-01 false Policy. 817.7003 Section 817.7003 Federal Acquisition Regulations System DEPARTMENT OF VETERANS AFFAIRS CONTRACTING METHODS AND CONTRACT TYPES SPECIAL CONTRACTING METHODS Undefinitized Contract Actions 817.7003 Policy. Undefinitized contract actions shall— (a) Be used only when— (1) The negotiation of a definitive contract action is not possible in sufficient time to meet the Government's requirements; and (2) The Government's interest demands that the contractor be given a binding commitment so that contract performance can begin immediately. (b) Be as complete and definite as practicable.