48 C.F.R. § 16.207-1

16.207-1 Description.

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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.

Notes of Decisions
Cited in 3 cases, 1992–2020 · leading case: Jt. Venture of Comint Sys. Corp. v. United States, 102 Fed. Cl. 235 (Fed. Cl. 2011).
Jt. Venture of Comint Sys. Corp. v. United States, 102 Fed. Cl. 235 (Fed. Cl. 2011). “48 C.F.R. § 16.207-1 . It also requires the government to pay the contractor a fixed dollar amount.”
Empire Blue Cross & Blue Shield v. United States, 26 Cl. Ct. 1393 (Ct. Cl. 1992). “” 48 C.F.R. § 16.207-1 (1990). . The contract did contain a clause which provided for the renegotiation of the entire fixed price of $48,903,000 in the event of certain contingencies including "significant changes in scope of work.”
Hawkins v. Man Tech Int'l Corp. (D.D.C. 2020). “” SAC ¶ 26, citing 48 C.F.R. § 16.207-1 . 5 Furthermore, “[t]he product of the [firm-fixed-price, level-of-effort term] contract is usually a report showing the results achieved through application of the required level of effort.”
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