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Subpart 5128.2 - Sureties and Other Security for Bonds
5128.202 Acceptability of corporate sureties.
(c) If corporate surety information from the U.S. Department of the Treasury website is not available, distribute in accordance with head of the contracting activity (HCA) instructions.
5128.203 Acceptability of individual sureties.
(g) Refer evidence to the local contracting office’s procurement fraud advisor. See Army Regulation 27-40 Litigation.
5128.203-5 Exclusion of individual sureties.
(d) Send the determination and findings justifying acceptance to the HCA. If the HCA concurs, send the request and concurrence through the addressee in 5101.290(b)(5) to the Assistant Secretary of the Army (Acquisition, Logistics and Technology) for a determination. See Appendix GG for further delegation.
5128.204 Alternatives in lieu of corporate or individual sureties.
5128.204-1 United States bonds or notes.
When a contractor furnishes security in lieu of corporate or individual sureties on bonds, the contracting officer must send a certified copy of the receipt for the deposited security and a certified copy of any required power of attorney and agreement to legal counsel along with the bond.
