§15.401. Definitions.
48 C.F.R. § 15.401
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).
Notes, amendments, and revision history
Amendments
[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
Authority: 41 U.S.C. 1121(b); 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
Source: 62 FR 51230, Sept. 30, 1997, unless otherwise noted.
Amendments
[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]