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Showing results for tags 'FFP-Level of Effort'.
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I am attempting to validate as to whether or not a Prime, if awarded a FFP contract, may issue a FFP-LOE SubK knowing the work that is to be performed by the subcontractor will exceed the $150k limitation per FAR 16.207.3 (Limitations of firm-fixed-price, level-of-effort term contracts)? Thank you in advance for your time.