[Code of Federal Regulations]
[Title 48, Volume 1]
[Revised as of October 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 48CFR28.201]

[Page 537]
 
            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM
 
                CHAPTER 1--FEDERAL ACQUISITION REGULATION
 
PART 28_BONDS AND INSURANCE--Table of Contents
 
           Subpart 28.2_Sureties and Other Security for Bonds
 
Sec.  28.201  Requirements for security.

    (a) Agencies shall obtain adequate security for bonds (including 
coinsurance and reinsurance agreements) required or used with a contract 
for supplies or services (including construction). Acceptable forms of 
security include (1) corporate or individual sureties or (2) any of the 
types of security authorized in lieu of sureties by 28.204.
    (b) Solicitations shall not preclude offerors from using the types 
of surety or other security permitted by this subpart, unless prohibited 
by law or regulation.

[48 FR 42286, Sept. 19, 1983, as amended at 55 FR 25530, June 21, 1990; 
62 FR 44807, Aug. 22, 1997]