{"data":{"id":"us/48-cfr-16.207-3","jurisdiction":"us","citation":"48 CFR 16.207-3","heading":"16.207-3 Limitations.","body":"This contract type may be used only when—\n(a) The work required cannot otherwise be clearly defined;\n(b) The required level of effort is identified and agreed upon in advance;\n(c) There is reasonable assurance that the intended result cannot be achieved by expending less than the stipulated effort; and\n(d) The contract price is the simplified acquisition threshold or less, unless approved by the chief of the contracting office.","path":["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"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-48.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:26:29Z","sha256":"dd01eda9f80c1ccb9e6f1cca31f08acf68b661f744a75a37e31c66cc3db9f213","source_id":"us-cfr","stale":true,"prev":"us/48-cfr-16.207-2","next":"us/48-cfr-16.301"},"notice":"GroundRules: Original legal text. Not legal advice."}