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Does performance affect contracts for subsequent terms and/or budget periods? How?

April 26, 2017affect budget contracts PERFORMANCE periods terms

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Does performance affect contracts for subsequent terms and/or budget periods? How?

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Each time a new contract is being considered, or a new award for a new year in a multi-year contract is being considered, performance is important in determining if an award should be made/continued, and whether or not an award should be maintained, or increased or decreased.