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                            15.401 Definitions.
        
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FAC Number: 2024-03 Effective Date: 02/23/2024
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Subpart15.015.115.215.315.415.515.6
Section15.40015.40115.40215.40315.40415.40515.40615.40715.408
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15.401 Definitions.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 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)(3)).    **Parent topic:**  Subpart 15.4 - Contract Pricing
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