FAC Number: FAC 2022-07
Effective Date: 08/10/2022

16.207-3 Limitations.

This contract type may be used only when-

      (a) The work required cannot otherwise be clearly defined;

      (b) The required level of effort is identified and agreed upon in advance;

      (c) There is reasonable assurance that the intended result cannot be achieved by expending less than the stipulated effort; and

      (d) The contract price is the simplified acquisition threshold or less, unless approved by the chief of the contracting office.

Far Parts