Difference between revisions of "Self-Insurance"
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'''“Self-insurance”''' means the assumption or retention of the risk of loss by the contractor, whether voluntarily or involuntarily. Self-insurance includes the deductible portion of purchased insurance.<ref>FAR 2.1</ref> | '''“Self-insurance”''' means the assumption or retention of the risk of loss by the contractor, whether voluntarily or involuntarily. Self-insurance includes the deductible portion of purchased insurance.<ref>FAR 2.1</ref> | ||
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==References and Notes== | ==References and Notes== | ||
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[[Category: Definitions]] | [[Category: Definitions]] | ||
| + | [[Category:Cost Accounting Standards]] | ||
Revision as of 15:49, 13 October 2014
“Self-insurance” means the assumption or retention of the risk of loss by the contractor, whether voluntarily or involuntarily. Self-insurance includes the deductible portion of purchased insurance.[1]
Related Pages
References and Notes
- ↑ FAR 2.1
