Definitions.

FederalRegulations

Ask Donna

How this section applies to your facts.

Title 48 CFR: Federal Acquisition Regulations System › Chapter 1: FEDERAL ACQUISITION REGULATION › Part 15: CONTRACTING BY NEGOTIATION › Subpart 15.4: Subpart 15.4—Contract Pricing › § 15.401: Definitions.

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

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).

[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]

This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.