C.F.R. » Title 48 » CHAPTER 1—FEDERAL ACQUISITION REGULATION › SUBCHAPTER E—GENERAL CONTRACTING REQUIREMENTS › PART 28—BONDS AND INSURANCE › Subpart 28.2—Sureties and Other Security for Bonds

48 C.F.R. § 28.200

28.200 Scope of subpart.

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This subpart prescribes procedures for the use of sureties and other security to protect the Government from financial losses.

[62 FR 44807, Aug. 22, 1997]
Notes of Decisions
Cited in 2 cases, 1992–1995 · leading case: Loral Terracom v. Valley Nat'l Bank, a Federally Chartered Bank Citizens Bank Trust Co., a Kentucky Corp. & State Chartered Bank, 49 F.3d 555 (9th Cir. 1995).
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Loral Terracom v. Valley Nat'l Bank, a Federally Chartered Bank Citizens Bank Trust Co., a Kentucky Corp. & State Chartered Bank, 49 F.3d 555 (9th Cir. 1995). “§ 270a, before executing Certificates of Sufficiency (“Certificates”) in accordance with 48 C.F.R. § 28.200 , et seq. Loral contends that as a result, financially unfit individuals qualified as sureties on Miller Act payment bonds to Loral’s detriment.”
Goldman Servs. Mech. Contracting, Inc. v. Citizens Bank & Trust Co., 812 F. Supp. 738 (W.D. Ky. 1992). “2 The Federal Acquisition Regulations found at 48 C.F.R. 28.200, et seq. govern the procedures for use of Miller Act sureties.”
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