[Code of Federal Regulations]

[Title 48, Volume 4]

[Revised as of October 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 48CFR328.301]



[Page 58]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

                  CHAPTER 3--HEALTH AND HUMAN SERVICES

 

PART 328_BONDS AND INSURANCE--Table of Contents

 

                         Subpart 328.3_Insurance

 

Sec. 328.301  Policy.





    It is Department policy to limit the Government's reimbursement of 

its contractors' liability to third persons for claims not covered by 

insurance in cost-reimbursement contracts to the Limitation of Funds or 

Limitation of Cost clause of the contract. In addition, the amount of 

the Government's reimbursement will be limited to final judgments or 

settlements approved in writing by the Government.