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                            2452.216-81   Level of effort and fee payment.
        
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HUDARPart Number: 2452
        
                  

                                
                  
        HUD Acquisition Regulation
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2452.216-81 Level of effort and fee payment.       As prescribed in 2416.506-70(f), insert the following clause in all level-of-effort term contracts:                                  LEVEL OF EFFORT AND FEE PAYMENT (APR 2019)                                  (a) The total level of effort to be provided under this contract is ______hours. The Contractor shall be reimbursed for the actual labor costs incurred.                                  (b) The contractor shall be paid the fixed fee specified in B.____, Estimated Cost and Fixed Fee, herein, on a prorated basis in proportion to the percentage of the level of effort (LOE) performed at the time of billing in accordance with the following formula:                                  (Number of acceptable hours delivered) divided by (Total hours in level of effort) × (Total fixed fee) = Fee payment                                  (*e.g.,* 1,000 hours delivered/10,000 hours (LOE) × $15,000 = $1,500)                                  (c) In no event shall the amount of fee paid under the contract exceed the total fixed fee specified in B.[ ], Estimated Cost and Fixed Fee, herein.                               (End of clause)    **Parent topic:**  Subpart 2452.2 - Texts of Provisions and Clauses
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