GroundRules
41 CFR 102-37.155: -37.155 Surplus property insurance.
Where this section sits in the code
- Title 41—Public Contracts and Property Management
- Subtitle C—Federal Property Management Regulations System
- CHAPTER 102—FEDERAL MANAGEMENT REGULATION
- SUBCHAPTER B—PERSONAL PROPERTY
- PART 102-37—DONATION OF SURPLUS PERSONAL PROPERTY
- Subpart D—SASP
You are not required to carry insurance on Federal surplus property in your custody. However, if you elect to carry insurance and the insured property is lost or damaged, you must submit a check made payable to GSA for any insurance proceeds received in excess of your actual costs of acquiring and rehabilitating the property prior to its loss, damage, or destruction.
Collected 2026-08-27T02:26:05Z. Source file · JSON