Code of Federal Regulations · Section

§ 15.401 — 15.401 Definitions

48 C.F.R. § 15.401

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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).

Authorizing Statute