48 C.F.R. · Federal Acquisition Regulations System
48 C.F.R. § 28.307.1

Group insurance plans.

Title 48 C.F.R. ● ACTIVE Primary Source
Regulatory Text

48 C.F.R. § 28.307.1 — Group insurance plans.

Federal Acquisition Regulations System 1 2023-10-01 2023-10-01 false Group insurance plans. 28.307-1 Section 28.307-1 Federal Acquisition Regulations System FEDERAL ACQUISITION REGULATION GENERAL CONTRACTING REQUIREMENTS BONDS AND INSURANCE Insurance 28.307–1 Group insurance plans. (a) Prior approval requirement. Under cost-reimbursement contracts, before buying insurance under a group insurance plan, the contractor must submit the plan for approval, in accordance with agency regulations. Any change in benefits provided under an approved plan that can reasonably be expected to increase significantly the cost to the Government requires similar approval. (b) Premium refunds or credits. The plan shall provide for the Government to share in any premium refunds or credits paid or otherwise allowed to the contractor. In determining the extent of the Government's share in any premium refunds or credits, any special reserves and other refunds to which the contractor may be entitled in the future shall be taken into account.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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BS-CFR48-SEC-A7288C
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boisestandard.org
Citation
48 C.F.R. § 28.307.1
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The regulatory text of 48 C.F.R. § 28.307.1 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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boisestandard.org United States Law CFR Title 48 48 C.F.R. § 28.307.1