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48 CFR 15.401

15.401 Definitions.

United States · 48 CFR — Federal Acquisition Regulations System · Status: effective

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48 CFR 15.401, 15.401 Definitions, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/239794
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Full text

As used in this subpart— Price means cost plus any fee or profit applicable to the contract type. Subcontract (except as used in 15.407-2) also includes a transfer of commercial products or commercial services between divisions, subsidiaries, or affiliates of a contractor or a subcontractor (10 U.S.C. 3701(2) and 41 U.S.C. 3501(a)(2).

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.