[Code of Federal Regulations]

[Title 48, Volume 1]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 48CFR15.401]



[Page 267]

 

            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]