Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 48 - Federal Acquisition Regulations System |
Chapter 5 - General Services Administration |
SubChapter E - General Contracting Requirements |
Part 528 - Bonds and Insurance |
Subpart 528.2 - Sureties and Other Security for Bonds |
§ 528.203-7 - Exclusion of individual sureties.
Latest version.
-
(a) The Associate Administrator for Acquisition Policy or designee excludes individuals from acting as a surety on bonds under FAR 28.203-7.
(b) Referrals for consideration of exclusion must include as a minimum:
(1) The basis for exclusion (see FAR 28.203-7(b));
(2) A statement of facts;
(3) Copies of supporting documentary evidence;
(4) The individuals name and current or last known home and or business addresses including zip codes;
(5) A statement of GSA's history with such individuals, if any; and
(6) A statement concerning any known active or potential criminal investigations or court proceedings.