DFARS 237.7203 Duration.

In plain English

This section says educational service agreements have no fixed end date and stay in effect until terminated. The issuing activity must review each agreement at least once a year, timed around the institution's academic calendar, to update it for changes in statutes, Executive Orders, the FAR, or DFARS. If the contracting officer and the institution cannot agree on required changes, the agreement must be terminated.

Applies to: Educational service agreements and the issuing activity that manages them

What it requires

• Establish procedures to review each educational service agreement at least once each year
• Time reviews to consider the institution's academic calendar and occur at least 30 days before the beginning of a term
• Use the review to incorporate changes reflecting requirements of any statute, Executive Order, FAR, or DFARS
• Terminate the agreement if the contracting officer and the institution do not agree on required changes

Key terms: educational service agreement · indefinite duration · terminated · issuing activity · contracting officer

Written by AI from this section's text. A guide, not legal advice: the text below rules.