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                            3052.228-92   Fair market value of aircraft (USCG).
        
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HSARPart Number: 3052
        
                  

                                
                  
        Homeland Security Acquisition Regulations
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3052.228-92 Fair market value of aircraft (USCG).3052.228-92 Fair market value of aircraft (USCG).       As prescribed in USCG guidance at (HSAR) 48 CFR 3028.306–90(a) and (c), insert the following clause:                                  Fair Market Value of Aircraft (DEC 2003)                                  For purposes of the clause entitled “Loss of or Damage to Leased Aircraft,” the fair market value of the aircraft to be used in the performance of this contract shall be the lesser of the two values set out in paragraphs (a) and (b) below:                                  (a) $___; or                                  (b) If the contractor has insured the same aircraft against loss or destruction in connection with other operations, the amount of such insurance coverage on the date of the loss or damage for which the Government may be responsible under this contract.                               (End of clause)    **Parent topic:**  Subpart 3052.2—Text of Provisions and Clauses
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