48 CFR § 15.401 - 15.401 Definitions.
---
identifier: "/us/cfr/t48/s15.401"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "48 CFR § 15.401 - 15.401 Definitions."
title_number: 48
title_name: "Federal Acquisition Regulations System"
section_number: "15.401"
section_name: "15.401 Definitions."
chapter_number: 1
chapter_name: "FEDERAL ACQUISITION REGULATION"
subchapter_number: "C"
subchapter_name: "CONTRACTING METHODS AND CONTRACT TYPES"
part_number: "15"
part_name: "CONTRACTING BY NEGOTIATION"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "41 U.S.C. 1121(b); 40 U.S.C. 121(c); 10 U.S.C. chapter 4 and 10 U.S.C. chapter 137 legacy provisions (see 10 U.S.C. 3016); and 51 U.S.C. 20113."
regulatory_source: "62 FR 51230, Sept. 30, 1997, unless otherwise noted."
cfr_part: "15"
---
# 15.401 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)(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]