41 CFR § 102-37.155 - Surplus property insurance.
---
identifier: "/us/cfr/t41/s102-37.155"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "41 CFR § 102-37.155 - Surplus property insurance."
title_number: 41
title_name: "Public Contracts and Property Management"
section_number: "102-37.155"
section_name: "Surplus property insurance."
chapter_number: 102
chapter_name: "FEDERAL MANAGEMENT REGULATION"
subchapter_number: "B"
subchapter_name: "PERSONAL PROPERTY"
part_number: "102-37"
part_name: "37—DONATION OF SURPLUS PERSONAL PROPERTY"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "40 U.S.C. 549 and 121(c)."
regulatory_source: "90 FR 58444, Dec. 16, 2025, unless otherwise noted."
cfr_part: "102-37"
---
# 102-37.155 Surplus property insurance.
You are not required to carry insurance on Federal surplus property in your custody. However, if you elect to carry insurance and the insured property is lost or damaged, you must submit a check made payable to GSA for any insurance proceeds received in excess of your actual costs of acquiring and rehabilitating the property prior to its loss, damage, or destruction.