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e-CFR data is current as of January 25, 2021

Title 48Chapter 1Subchapter EPart 28Subpart 28.2 → §28.204-2


Title 48: Federal Acquisition Regulations System
PART 28—BONDS AND INSURANCE
Subpart 28.2—Sureties and Other Security for Bonds


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.

[48 FR 42286, Sept. 19, 1983. Redesignated at 54 FR 48986, Nov. 28, 1989]

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