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FAR and DFARS › FAR Part 28: Bonds and Insurance › Subpart 28.3

FAR 28.303 Insurance against loss of or damage to Government property.

The codified text (eCFR, as of 2026-10-02). Under the Revolutionary FAR Overhaul ↗, agencies follow class deviations with new text for many parts while the formal rules go through the Federal Register: check the solicitation and your contract's clauses, which rule.

In plain English

This section addresses how insurance covering loss of or damage to Government property may be provided when the Government requires or approves it. It allows coverage either through specific policies or by including the risk in the contractor's existing policies, and requires the policies to disclose the Government's interest in the property.

Applies to: Contractors whose contracts involve Government property and Government-required or approved insurance

What it requires

  • Ensure the policies disclose the Government's interest in the property

Key terms: Government property · specific insurance policies · contractor's existing policies · Government's interest

Written by AI from this section's text. A guide, not legal advice: the text below rules.

The text

When the Government requires or approves insurance to cover loss of or damage to Government property (see 45.104, Responsibility and liability for Government property), it may be provided by specific insurance policies or by inclusion of the risks in the contractor's existing policies. The policies shall disclose the Government's interest in the property.

Sections it refers to

  • 45.104 Responsibility and liability for Government property.

← 28.302 Notice of cancellation or change. · 28.304 Risk-pooling arrangements. →

Rule changes for FAR Part 28

Source: eCFR, 48 CFR chapters 1 and 2 (GPO GovInfo bulk data) ↗. Plain words for the terms: glossary.

FAR 28.303 Insurance against loss of or damage to Government property · SpendQuery