{"data":{"id":"us/48-cfr-36.207","jurisdiction":"us","citation":"48 CFR 36.207","heading":"36.207 Pricing fixed-price construction contracts.","body":"(a) Generally, firm-fixed-price contracts shall be used to acquire construction. They may be priced (1) on a lump-sum basis (when a lump sum is paid for the total work or defined parts of the work), (2) on a unit-price basis (when a unit price is paid for a specified quantity of work units), or (3) using a combination of the two methods.\n(b) Lump-sum pricing shall be used in preference to unit pricing except when—\n(1) Large quantities of work such as grading, paving, building outside utilities, or site preparation are involved;\n(2) Quantities of work, such as excavation, cannot be estimated with sufficient confidence to permit a lump-sum offer without a substantial contingency;\n(3) Estimated quantities of work required may change significantly during construction; or\n(4) Offerors would have to expend unusual effort to develop adequate estimates.\n(c) Fixed-price contracts with economic price adjustment may be used if such a provision is customary in contracts for the type of work being acquired, or when omission of an adjustment provision would preclude a significant number of firms from submitting offers or would result in offerors including unwarranted contingencies in proposed prices.","path":["Title 48—Federal Acquisition Regulations System","CHAPTER 1—FEDERAL ACQUISITION REGULATION","SUBCHAPTER F—SPECIAL CATEGORIES OF CONTRACTING","PART 36—CONSTRUCTION AND ARCHITECT-ENGINEER CONTRACTS","Subpart 36.2—Special Aspects of Contracting for Construction"],"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":"202216eb4ed25d17d1d6f269760e5c1fe9a20aa061db9bee64d6c6f2adc8394a","source_id":"us-cfr","stale":true,"prev":"us/48-cfr-36.206","next":"us/48-cfr-36.208"},"notice":"GroundRules: Original legal text. Not legal advice."}