48 CFR 15.401 – Definitions
Current as of: 2024 | Check for updates
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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).