Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 48 - Federal Acquisition Regulations System |
Chapter 4—Department of Agriculture |
SubChapter E—General Contracting Requirements |
Part 428 - Bonds and Insurance |
Subpart 428.2 - Sureties and Other Security for Bonds |
§ 428.203 - Individual sureties.
Latest version.
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428.203 Acceptability of individual Individual sureties.
Evidence of possible criminal or fraudulent activities by an individual surety shall be reported to the Office of Inspector General OIG in accordance with Departmental Regulations (1700 series). The Mission Area senior contracting official shall establish procedures to ensure protection and conveyance of deposited securities of the types listed in FAR 28.204-1 through 28.204-3.