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

FAR 28.304 Risk-pooling arrangements.

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 allows agencies to set up risk-pooling arrangements that use the insurance industry for safety engineering and claims handling at minimum cost to the Government. It also requires the responsible agency to appoint a single manager or point of contact for each arrangement. Contractors may encounter these arrangements when insurance or claims matters are handled through them.

Applies to: Agencies establishing risk-pooling arrangements

What it requires

  • The responsible agency must appoint a single manager or point of contact for each arrangement.

Key terms: risk-pooling arrangements · safety engineering · handling of claims · point of contact

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

The text

Agencies may establish risk-pooling arrangements. These arrangements are designed to use the services of the insurance industry for safety engineering and the handling of claims at minimum cost to the Government. The agency responsible shall appoint a single manager or point of contact for each arrangement.

← 28.303 Insurance against loss of or damage to Government property. · 28.305 Overseas workers' compensation and war-hazard insurance. →

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 28.304 Risk-pooling arrangements · SpendQuery