C.F.R. » Title 48 » CHAPTER 1—FEDERAL ACQUISITION REGULATION › SUBCHAPTER C—CONTRACTING METHODS AND CONTRACT TYPES › PART 16—TYPES OF CONTRACTS › Subpart 16.2—Fixed-Price Contracts

48 C.F.R. § 16.207-2

16.207-2 Application.

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A firm-fixed-price, level-of-effort term contract is suitable for investigation or study in a specific research and development area. The product of the contract is usually a report showing the results achieved through application of the required level of effort. However, payment is based on the effort expended rather than on the results achieved.

Notes of Decisions
Cited in 1 case, 2020–2020 · leading case: Hawkins v. Man Tech Int'l Corp. (D.D.C. 2020).
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Hawkins v. Man Tech Int'l Corp. (D.D.C. 2020). “¶ 27 , citing 48 C.F.R. § 16.207-2 . In 5 Section 1.104 of the Federal Acquisition Regulation (“FAR”) provides that the FAR applies to all acquisitions as defined in part 2 of the FAR, except where expressly excluded.”
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