48 C.F.R. §§ 16.207-3

Current through September 30, 2024
Section 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.

48 C.F.R. §§16.207-3

48 FR 42219, Sept. 19, 1983, as amended at 75 FR 53133, Aug. 30, 2010; 85 FR 40067, July 2, 2020
85 FR 40067, 8/31/2020