Subpart 2828.2 - Sureties and Other Security for Bonds

All assets pledged by individual sureties must be eligible obligations as defined in 31 CFR part 225, “Acceptable Collateral for Pledging to Federal Agencies.” This collateral will be placed in the custody of the U.S. Treasury, with a Federal Reserve Bank acting as the depositary until the completion of the obligation.

The SDO is the agency head for the purposes of FAR 28.203-7(a).