Code of Federal Regulations · Section

§ 16.207-3 — 16.207-3 Limitations

48 C.F.R. § 16.207-3

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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.

Authorizing Statute