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FAR and DFARS › FAR Part 16: Types of Contracts › Subpart 16.2

FAR 16.207-1 Description.

The codified text (eCFR, as of 2026-10-02). Under the Revolutionary FAR Overhaul ↗, agencies follow class deviations with new text for many parts while the formal rules go through the Federal Register: check the solicitation and your contract's clauses, which rule.

In plain English

This section describes a firm-fixed-price, level-of-effort term contract. Under this contract type, the contractor provides a specified level of effort over a stated period on work that can only be described in general terms, and the Government pays a fixed dollar amount. It matters because it tells contractors what this contract type requires and how payment works.

Applies to: Contractors considering or performing a firm-fixed-price, level-of-effort term contract

What it requires

  • Provide a specified level of effort over a stated period of time
  • Perform work that can be stated only in general terms

Key terms: firm-fixed-price, level-of-effort term contract · level of effort · stated period of time · fixed dollar amount

Written by AI from this section's text. A guide, not legal advice: the text below rules.

The text

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.

← 16.207 Firm-fixed-price, level-of-effort term contracts. · 16.207-2 Application. →

Rule changes for FAR Part 16

Source: eCFR, 48 CFR chapters 1 and 2 (GPO GovInfo bulk data) ↗. Plain words for the terms: glossary.

FAR 16.207-1 Description · SpendQuery