FAC Number: 2022-06
Effective Date: 05/01/2022

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.

Far Parts