FFP-LOE

AcronymDefinition
FFP-LOEFirm Fixed Price Level-Of-Effort Contract
References in periodicals archive ?
Still another strategy would be to contract the NEPA services on a firm fixed price level of effort (FFP-LOE) basis rather than the more common, but less applicable fixed price completion basis.
In our experience, we have seen far more successful NEPA projects contracted on an FFP-LOE basis than on a FFP-C basis.