48 CFR 15.401 - 15.401 Definitions.

Regulations last checked for updates: Apr 25, 2024

Title 48 - Federal Acquisition Regulations System last revised: Apr 22, 2024

View all text of Subpart 15.4 [15.400 - 15.408]

15.401 - 15.401 Definitions.

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).

[62 FR 51230, Sept. 30, 1997, as amended at 66 FR 2129, Jan. 10, 2001; 66 FR 65369, Dec. 18, 2001; 79 FR 24201, Apr. 29, 2014; 86 FR 61026, Nov. 4, 2021; 87 FR 73897, Dec. 1, 2022]

authority: 40 U.S.C. 121(c); 10 U.S.C. chapter 4 and 10 U.S.C. chapter 137 legacy provisions (see 10 U.S.C. 3016); and 51 U.S.C. 20113.

source: 62 FR 51230, Sept. 30, 1997, unless otherwise noted.

cite as: 48 CFR 15.401