§105-72.401. Insurance coverage.
41 C.F.R. § 105-72.401
Recipients shall, at a minimum, provide the equivalent insurance coverage for real property and equipment acquired with Federal funds as provided to property owned by the recipient. Federally-owned property need not be insured unless required by the terms and conditions of the award.
Notes, amendments, and revision history
Authority
Authority: 40 U.S.C. 486(c).
Source
Source: 59 FR 47268, Sept. 15, 1994, unless otherwise noted.