GroundRules
48 CFR 16.207-1: 16.207-1 Description.
Where this section sits in the code
- Title 48—Federal Acquisition Regulations System
- CHAPTER 1—FEDERAL ACQUISITION REGULATION
- SUBCHAPTER C—CONTRACTING METHODS AND CONTRACT TYPES
- PART 16—TYPES OF CONTRACTS
- Subpart 16.2—Fixed-Price Contracts
A firm-fixed-price, level-of-effort term contract requires (a) the contractor to provide a specified level of effort, over a stated period of time, on work that can be stated only in general terms and (b) the Government to pay the contractor a fixed dollar amount.
Collected 2026-08-27T02:26:29Z. Source file · JSON