GroundRules
48 CFR 28.106-2: 28.106-2 Substitution of surety bonds.
Where this section sits in the code
- Title 48—Federal Acquisition Regulations System
- CHAPTER 1—FEDERAL ACQUISITION REGULATION
- SUBCHAPTER E—GENERAL CONTRACTING REQUIREMENTS
- PART 28—BONDS AND INSURANCE
- Subpart 28.1—Bonds and Other Financial Protections
(a) A new surety bond covering all or part of the obligations on a bond previously approved may be substituted for the original bond if approved by the head of the contracting activity, or as otherwise specified in agency regulation.
(b) When a new surety bond is approved, the contracting officer shall notify the principal and surety of the original bond of the effective date of the new bond.
Collected 2026-08-27T02:26:29Z. Source file · JSON