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                            2115.402   Policy.
        
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LIFARPart Number: 2115
        
                  

                                
                  
        Life Insurance Federal Acquisition Regulations
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2115.402 Policy.       Pricing of FEGLI Program premium rates is governed by 5 U.S.C. 8707, 8708, 8711, 8714a, 8714b, and 8714c. FAR subpart 15.4 will be implemented by applying cost analysis policies and procedures. To the extent that reasonable or good faith actuarial estimates are used for pricing, such estimates will be deemed acceptable and, if inaccurate, will not constitute defective pricing.    **Parent topic:**  Subpart 2115.4 - Contract Pricing
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