48 CFR § 2132.771 - 2132.771 Non-commingling of FEGLI Program funds.

---
identifier: "/us/cfr/t48/s2132.771"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "48 CFR § 2132.771 - 2132.771   Non-commingling of FEGLI Program funds."
title_number: 48
title_name: "Federal Acquisition Regulations System"
section_number: "2132.771"
section_name: "2132.771   Non-commingling of FEGLI Program funds."
chapter_number: 21
chapter_name: "OFFICE OF PERSONNEL MANAGEMENT, FEDERAL EMPLOYEES GROUP LIFE INSURANCE FEDERAL ACQUISITION REGULATION"
subchapter_number: "E"
subchapter_name: "GENERAL CONTRACTING REQUIREMENTS"
part_number: "2132"
part_name: "CONTRACT FINANCING"
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 40379, July 28, 1993, unless otherwise noted."
cfr_part: "2132"
---


# 2132.771 2132.771   Non-commingling of FEGLI Program funds.

(a) FEGLI Program funds must be maintained in such a manner as to be separately identifiable from other assets of the Contractor. Cash and investment balances reported on the FEGLI Program Annual Financial Report must be supported by the Contractor's books and records.

(b) This requirement may be modified by the Contracting Officer in accordance with the clause at 2152.232-71 of this chapter when adequate accounting and other controls are in effect. If the requirement is modified, such modification will remain in effect until rescinded by OPM.

[70 FR 41153, July 18, 2005]