FAR 16.207-3 — Limitations
Regulatory text. Not legal advice.
This contract type may be used only when—
(a)
(a) The work required cannot otherwise be clearly defined;
(b)
(b) The required level of effort is identified and agreed upon in advance;
(c)
(c) There is reasonable assurance that the intended result cannot be achieved by expending less than the stipulated effort; and
(d)
(d) The contract price is the simplified acquisition threshold or less, unless approved by the chief of the contracting office.
Citation history: [48 FR 42219, Sept. 19, 1983, as amended at 75 FR 53133, Aug. 30, 2010; 85 FR 40067, July 2, 2020]
Source: eCFR • Pulled 2026-04-16