48 CFR · Federal Acquisition Regulation and Defense supplement

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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.

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15 sections with “premium rate of pay”

  • FAR 52.222-2 Payment for Overtime Premiums.
    As prescribed in 22.103-5(b), insert the following clause: Payment for Overtime Premiums (JUL 1990) (a) The use of overtime is authorized under this contract if the overtime premium cost does not exceed * ___ or the overtime premium is pa…
  • FAR 52.232-5 Payments Under Fixed-Price Construction Contracts.
    … require the fulfillment of all of the terms of the contract. (g) Reimbursement for bond premiums. In making these progress payments, the Government shall, upon request, reimburse the Contractor for the amount of premiums paid for performa…
  • FAR 31.205-19 Insurance and indemnification.
    …e, assign, and allocate costs in accordance with 48 CFR 9904.416. (2) For all contracts, premiums for insurance purchased from fronting insurance companies (insurance companies not related to the contractor but who reinsure with a captive …
  • FAR 4.803 Contents of contract files.
    …1) Report of postaward conference. (32) Notice to proceed, stop orders, and any overtime premium approvals granted at the time of award. (33) Documents requesting and authorizing modification in the normal assignment of contract administr…
  • FAR 52.232-7 Payments under Time-and-Materials and Labor-Hour Contracts.
    …er the Disputes clause of this contract. If the Schedule provides rates for overtime, the premium portion of those rates will be reimbursable only to the extent the overtime is approved by the Contracting Officer. (b) Materials. (1) For th…
  • DFARS 228.370-2 General.
    … is intended to reduce acquisition costs by eliminating the costs of commercial insurance premiums. This clause also is intended to encourage the contractor to perform safe and effective operations through inclusion of a contractor's share …
  • FAR 22.103-1 Definition.
    …r law; and (2) The hours worked in excess of 40 in the workweek are not compensated at a premium rate of pay.
  • FAR 2.101 Definitions.
    … worked by a contractor's employee in excess of the employee's normal workweek. Overtime premium means the difference between the contractor's regular rate of pay to an employee for the shift involved and the higher rate paid for overtime.…
  • DFARS 252.217-7008 Bonds.
    …quire a bid bond, the Offeror shall not include in the price any contingency to cover the premium of such a bond. (c) Even if the solicitation does not require bonds, the Contracting Officer may nevertheless require a performance and payme…
  • DFARS 252.228-7001 Ground and Flight Risk.
    …rred by the Contractor (including the costs of the Contractor's self-insurance, insurance premiums paid to insure the Contractor's assumption of risk, deductibles associated with such purchased insurance, etc.) to mitigate its risk are unal…
  • FAR 22.406-2 Wages, fringe benefits, and overtime.
    … the costs or contributions. For example, if a contractor pays a monthly health insurance premium of $112 for a particular employee who worked 125 hours during the month, the hourly cash equivalent is determined by dividing $112 by 125 hour…
  • FAR 31.205-4 Bonding costs.
    … extent that such bonding is in accordance with sound business practice and the rates and premiums are reasonable under the circumstances.
  • FAR 31.205-6 Compensation for personal services.
    …e costs are paid to an insurer, provider, or other recipient for current year benefits or premiums. (ii) Terminal funding. PRB costs are not accrued during the working lives of the employees. (A) Terminal funding occurs when the entire PR…
  • FAR 52.212-4 Contract Terms and Conditions—Commercial Products and Commercial Services.
    …e Disputes clause of this contract. (3) If the Schedule provides rates for overtime, the premium portion of those rates will be reimbursable only to the extent the overtime is approved by the Contracting Officer. (ii) Materials. (A) If t…
  • DFARS 252.217-7012 Liability and insurance.
    …e Contractor shall not make any allowance in the job order price for the inclusion of any premium expense or charge for any reserve made on account of self-insurance for coverage against any risk assumed by the Government under this clause.…

FAR (chapter 1)

DFARS (chapter 2, Defense)

Source: eCFR, 48 CFR chapters 1 and 2 (GPO GovInfo bulk data) ↗. Rule changes in progress: FAR, DFARS. Terms: glossary.