48 CFR § 2115.402 - 2115.402 Policy.

---
identifier: "/us/cfr/t48/s2115.402"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "48 CFR § 2115.402 - 2115.402   Policy."
title_number: 48
title_name: "Federal Acquisition Regulations System"
section_number: "2115.402"
section_name: "2115.402   Policy."
chapter_number: 21
chapter_name: "OFFICE OF PERSONNEL MANAGEMENT, FEDERAL EMPLOYEES GROUP LIFE INSURANCE FEDERAL ACQUISITION REGULATION"
subchapter_number: "C"
subchapter_name: "CONTRACTING METHODS AND CONTRACT TYPES"
part_number: "2115"
part_name: "CONTRACTING BY NEGOTIATION"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 8716; 40 U.S.C. 486(c); 48 CFR 1.301."
regulatory_source: "58 FR 40375, July 28, 1993, unless otherwise noted."
cfr_part: "2115"
---


# 2115.402 2115.402   Policy.

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]