FAR 15.401 Definitions
Section Federal Acquisition Regulation
Facts
- Citation
- FAR 15.401
- Type
- Section
- Last amended
- 87 FR 73894 Effective Dec 30, 2022
- Proposed changes
- 1
- Text as of
- FAC 2026-01
- Official text
- acquisition.gov
Text from acquisition.gov. Federal Register history from the Federal Register's records of the rules that amended this section.
Text
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)).
Federal Register history
Proposed changes
| Proposed rule | Published | Comments |
|---|---|---|
| Federal Acquisition Regulation: Revolutionary FAR Overhaul Parts 8, 12, 13, 15, 38, 44, and 51 | Closed Oct 19, 2026No final rule found |
Sections cited
- FAR 15.407-2 Make-or-buy programs
Terms defined
- Price
- Subcontract
Quick answers
What is FAR 15.401?
FAR 15.401 is a section of the Federal Acquisition Regulation, titled "Definitions".
When was FAR 15.401 last changed?
The most recent final rule on record is "Federal Acquisition Regulation: Update to Title 10 Citations" (87 FR 73894), published Dec 1, 2022 and effective Dec 30, 2022.
Are changes to FAR 15.401 proposed?
One proposed change has no final rule yet.
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