48 C.F.R. § 28.204-2
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.
Notes of Decisions
Cited in 2
cases (1 in the last 5 years), 1995–2022 · leading case: United States ex rel. General Rock & Sand Corp. v. Chuska Development Corp.
United States ex rel. General Rock & Sand Corp. v. Chuska Development Corp. (1995)
“203-2 , now at 48 C.F.R. § 28.204-2 (1994)). The other questions regarding Miller Act jurisdiction turn on the central role played by NHA in the direction and funding of the housing project.”
Constructora Guzman, S.A. v. United States (2022)
“” See [ECF 43-1] at 71; 48 C.F.R. § 28.204-2 . The contract modification allowed DOS to withhold up to twenty percent retainage.”
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