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Current as of January 01, 2024 | Updated by FindLaw Staff
DOE contractors with whom statutory nuclear hazards indemnity agreements under the authority of section 170d. of the Atomic Energy Act of 1954, as amended, are executed will not normally be required or permitted to furnish financial protection by purchase of insurance to cover public liability for nuclear incidents. However, if authorized by the DOE Headquarters office having responsibility for contractor casualty insurance programs, DOE contractors may be—
(a) Permitted to furnish financial protection to themselves; or
(b) Permitted to continue to carry such insurance at cost to the Government if they currently maintain insurance for such liability.
Cite this article: FindLaw.com - Code of Federal Regulations Title 48. Federal Acquisition Regulations System 970.5070-2 970.5070–2 General - last updated January 01, 2024 | https://codes.findlaw.com/cfr/title-48-federal-acquisition-regulations-system/48-cfr-970-5070-2.html
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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