48 CFR · Federal Acquisition Regulations System
§ 1615.470 — Carrier investment of FEHB funds.
48 CFR § 1615.470
TitleTitle 48: Federal Acquisition Regulations SystemPartPart 1615: Contracting by Negotiation
SourceeCFR (current through Apr 2, 2026)
This text of 48 C.F.R. § 1615.470 (Carrier investment of FEHB funds.) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
48 C.F.R. § 1615.470 (2026).
Text
1615.470 Carrier investment of FEHB funds.
(a)Except for contracts based on a combination of cost and price analysis (community-rated), the carrier is required to invest and reinvest all funds on hand, including any attributable to the special reserve or the reserve for incurred but unpaid claims, exceeding the funds needed to discharge promptly the obligations incurred under the contract.
(b)The carrier is required to credit income earned from its investment of FEHB funds to the special reserve on behalf of the FEHB Program. If a carrier, for any reason, fails to invest excess FEHB funds or to credit any income due to the contract, it will return or credit any investment income lost to OPM or the special reserve.
(c)Investment income. Investment income is the net amount earned by the
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Nearby Sections
8
§ 1615.402
Pricing policy.§ 1615.404-4
Profit.§ 1615.404-70
Profit analysis factors.§ 1615.470
Carrier investment of FEHB funds.§ 1615.470-1
Investment income clause.§ 1615.7001
Audit and records.Cite This Page — Counsel Stack
Bluebook (online)
48 C.F.R. § 1615.470, Counsel Stack Legal Research, https://law.counselstack.com/cfr/48/1615/1615.470.