Notice of Intent to Exercise an Option

The contract involves exercising an option under FAR Clause 52.217-9 to extend the term of an existing agreement with Cartridge Technologies, Inc., doing business as CTI, located in Gaithersburg, MD. This extension modifies Contract IBM13F0048 by continuing the services at the current rates until September 30, 2016. The total value of this option exercise is $40,440.00. Notably, this notice is a formal intent to exercise the option and does not solicit competitive proposals, as the option periods were not originally synopsized in the contract award notice. The contract is associated with solicitation number 6309R1221017 and falls under NAICS code 811212. The point of contact for this contract is Lee Anne Vega, who can be reached via email or phone. Although specific agency and location details are not provided, this action represents a routine administrative extension to ensure continuity of services without alteration of contract terms or pricing.