2115.402 Policy.

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Title 48—Federal Acquisition Regulations System > CHAPTER 21—OFFICE OF PERSONNEL MANAGEMENT, FEDERAL EMPLOYEES GROUP LIFE INSURANCE FEDERAL ACQUISITION REGULATION > SUBCHAPTER C—CONTRACTING METHODS AND CONTRACT TYPES > PART 2115—CONTRACTING BY NEGOTIATION > Subpart 2115.4—Contract Pricing

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Pricing of FEGLI Program premium rates is governed by 5 U.S.C. 8707, 8708, 8711, 8714a, 8714b, and 8714c. FAR subpart 15.4 will be implemented by applying cost analysis policies and procedures. To the extent that reasonable or good faith actuarial estimates are used for pricing, such estimates will be deemed acceptable and, if inaccurate, will not constitute defective pricing.

[70 FR 41151, July 18, 2005]

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