My company is responding to a solicitation. The KO has issued a clarification that the contract
Any order awarded under this solicitation would be Fixed Priced Level of Effort and would not be Firm Fixed Price. The hours would be billed as they are worked and separated out in each invoice.
In reviewing, 16.207, I don't understand how 16.201-1(b) applies. Do we get the Fixed Price regardless of LOE delivered (at the end)? (This seems to contradict the instructions from the KO above). Or do we only get a unit price per hour worked? If we provide the LOE does the contract end? Or like an ordinary FFP, do we still need to work to complete the POP?