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   <concept id="DFARS_215.401"
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      <title class="- topic/title ">
         <ph props="autonumber" class="- topic/ph ">215.401</ph>
          Definitions.
      </title>
      <conbody class="- topic/body  concept/conbody ">
         <p class="- topic/p ">As used in this subpart—</p>
         <p class="- topic/p ">“Market prices” means current prices that are established in
the course of ordinary trade between buyers and sellers free to bargain
and that can be substantiated through competition or from sources
independent of the offerors.</p>
         <p class="- topic/p ">“Relevant sales data” means information on sales of the same
or similar items that can be used to establish price reasonableness
taking into consideration the age, volume, and nature of the transactions
(including any related discounts, refunds, rebates, offsets or other
adjustments).</p>
      </conbody>
   </concept>
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