FAR and DFARS › FAR Part 28: Bonds and Insurance › Subpart 28.2
FAR 28.201 Requirements for security.
The codified text (eCFR, as of 2026-10-02). Under the Revolutionary FAR Overhaul ↗, agencies follow class deviations with new text for many parts while the formal rules go through the Federal Register: check the solicitation and your contract's clauses, which rule.
In plain English
This section requires agencies to obtain adequate security for bonds used with supply, service, or construction contracts, and lists acceptable forms of that security. It also bars solicitations from excluding the surety or other security types allowed by this subpart unless a law or regulation prohibits them. For contractors, this matters because it limits how agencies can restrict the bond security you may offer.
Applies to: Agencies obtaining security for contract bonds, and offerors providing surety or other security
What it requires
- Agencies must obtain adequate security for bonds required or used with a contract for supplies or services, including construction
- Solicitations must not preclude offerors from using the surety or other security types permitted by this subpart, unless prohibited by law or regulation
Key terms: adequate security · bonds · coinsurance · reinsurance · corporate or individual sureties
Written by AI from this section's text. A guide, not legal advice: the text below rules.
The text
(a) Agencies shall obtain adequate security for bonds (including coinsurance and reinsurance agreements) required or used with a contract for supplies or services (including construction). Acceptable forms of security include (1) corporate or individual sureties or (2) any of the types of security authorized in lieu of sureties by 28.204.
(b) Solicitations shall not preclude offerors from using the types of surety or other security permitted by this subpart, unless prohibited by law or regulation.
Sections it refers to
- 28.204 Alternatives in lieu of corporate or individual sureties.
← 28.200 Scope of subpart. · 28.202 Acceptability of corporate sureties. →
Rule changes for FAR Part 28
- Federal Acquisition Regulation: Revolutionary Federal Acquisition Regulation Overhaul Parts 14, 28, 36, and 52 ↗ · proposed 2026-09-18 · comments due 2026-10-19
- Federal Acquisition Regulation; Technical Amendments ↗ · final rule 2024-04-22 · effective 2024-05-22
Source: eCFR, 48 CFR chapters 1 and 2 (GPO GovInfo bulk data) ↗. Plain words for the terms: glossary.