[Code of Federal Regulations]
[Title 48, Volume 1]
[Revised as of October 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 48CFR15.401]

[Page 257]
 
            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM
 
                CHAPTER 1--FEDERAL ACQUISITION REGULATION
 
PART 15_CONTRACTING BY NEGOTIATION--Table of Contents
 
                      Subpart 15.4_Contract Pricing
 
Sec.  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 items between divisions, subsidiaries, or affiliates of a 
contractor or a subcontractor (10 U.S.C. 2306a(h)(2) and 41 U.S.C. 
254b(h)(2)).

[62 FR 51230, Sept. 30, 1997, as amended at 66 FR 2129, Jan. 10, 2001; 
66 FR 65369, Dec. 18, 2001]