[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: 48CFR28.204-2]

[Page 543]
 
            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.  28.204-2  Certified or cashiers checks, bank drafts, money orders, 
or currency.

    Any person required to furnish a bond has an option to furnish a 
certified or cashier's check, bank draft, Post Office money order, or 
currency, in an amount equal to the penal sum of the bond, instead of 
furnishing surety or sureties on the bonds. Those furnishing checks, 
drafts, or money orders shall draw them to the order of the appropriate 
Federal agency.

[48 FR 42286, Sept. 19, 1983. Redesignated at 54 FR 48986, Nov. 28, 
1989]