FAR 16.207-2 Application
Subsection Federal Acquisition Regulation
Facts
- Citation
- FAR 16.207-2
- 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 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.
Quick answers
What is FAR 16.207-2?
FAR 16.207-2 is a subsection of the Federal Acquisition Regulation, titled "Application".
Are changes to FAR 16.207-2 proposed?
No proposed rule from the last 3 years is waiting on a final rule.
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