48 C.F.R. § 28.106-2

28.106-2 Substitution of surety bonds.

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(a) A new surety bond covering all or part of the obligations on a bond previously approved may be substituted for the original bond if approved by the head of the contracting activity, or as otherwise specified in agency regulation.

(b) When a new surety bond is approved, the contracting officer shall notify the principal and surety of the original bond of the effective date of the new bond.

[48 FR 42286, Sept. 19, 1983, as amended at 61 FR 39213, July 26, 1996]
Notes of Decisions
Cited in 1 case, 2014–2014 · leading case: Allen Engineering Contractor, Inc. v. United States
Allen Eng'g Contractor, Inc. v. United States, 115 Fed. Cl. 457 (Fed. Cl. 2014). · cites it 4× “102-l(b), which requires that the surety and not the bonding agent be contacted for authentication purposes; (2) the Navy violated 48 C.F.R. § 28.106-2 (a) and NAVFAC P-68 ¶ 28.”
— 48 C.F.R. § 28.106-2(a) — 1 case
Allen Eng'g Contractor, Inc. v. United States, 115 Fed. Cl. 457 (Fed. Cl. 2014). “102-l(b), which requires that the surety and not the bonding agent be contacted for authentication purposes; (2) the Navy violated 48 C.F.R. § 28.106-2 (a) and NAVFAC P-68 ¶ 28.”
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