{"data":{"id":"us/48-cfr-28.203-2","jurisdiction":"us","citation":"48 CFR 28.203-2","heading":"28.203-2 Substitution of assets.","body":"An individual surety may request the Government to accept a substitute asset for that currently pledged by submitting a written request, including a revised SF 28, to the responsible contracting officer. Following the requirements set forth in 28.203-1, the contracting officer may agree to the substitution of assets upon determining that the substitute assets to be pledged are adequate to protect the outstanding bond or guarantee obligations.","path":["Title 48—Federal Acquisition Regulations System","CHAPTER 1—FEDERAL ACQUISITION REGULATION","SUBCHAPTER E—GENERAL CONTRACTING REQUIREMENTS","PART 28—BONDS AND INSURANCE","Subpart 28.2—Sureties and Other Security for Bonds"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-48.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:26:29Z","sha256":"7cfafa6ab334819747cded5ce5916e6ced31f736d5bbe4c1ad704a7b532c7402","source_id":"us-cfr","stale":true,"prev":"us/48-cfr-28.203-1","next":"us/48-cfr-28.203-3"},"notice":"GroundRules: Original legal text. Not legal advice."}