Federal Acquisition Regulation
Definitions
FAR 15.401
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) ).
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