48 CFR 2131.201-5 - 2131.201-5 Credits.

Regulations last checked for updates: Nov 25, 2024

Title 48 - Federal Acquisition Regulations System last revised: Nov 15, 2024

2131.201-5 - 2131.201-5 Credits.

The provisions of FAR 31.201-5 shall apply to income, rebates and other credits resulting from benefit payments that include, but are not limited to—

(a) Uncashed and returned checks.

(b) Refunds attributable to litigation with regard to payments of FEGLI Program life insurance monies.

(c) Erroneous benefit payment, refunds, overpayment, and duplicate payment recoveries.

(d) Escheatments.

authority: 5 U.S.C. 8716; 40 U.S.C. 486(c); 48 CFR 1.301

source: 58 FR 40378, July 28, 1993, unless otherwise noted.

cite as: 48 CFR 2131.201-5