48 C.F.R. § 16.207-1
16.207-1 Description.
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: Joint Venture of Comint Systems Corp. v. United States
Joint Venture of Comint Systems Corp. v. United States (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 (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 International Corporation (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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