FAR 16.207-1 Description

Subsection Federal Acquisition Regulation

Facts

Citation
FAR 16.207-1
Type
Subsection
Text as of
FAC 2026-01
Official text
acquisition.gov

Text from acquisition.gov. Federal Register history from the Federal Register's records of the rules that amended this subsection.

Text

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.

Quick answers

What is FAR 16.207-1?

FAR 16.207-1 is a subsection of the Federal Acquisition Regulation, titled "Description".

Are changes to FAR 16.207-1 proposed?

No proposed rule from the last 3 years is waiting on a final rule.

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