StacksVerified U.S. regulatory reference

48 CFR §16.207-1

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
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.