48 CFR §16.207-3
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
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.