Clause Extenison Overrun 3 PO.doc

This is a contract extension clause document for a state purchasing agreement. The State Purchasing Director reserves the right to extend the contract period beyond the indicated expiration date with contractor consent. The overrun amount is not to exceed 3 percent, and the total contract period, including any extensions, may not exceed three years from the initial contract commencement date.

No additional pricing terms, set-asides, incumbent information, funding sources, or other financial details are specified in this document. The clause represents a standard contractual provision governing the parameters under which contract extensions may be exercised and establishes the maximum permissible contract duration across all extension periods.