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FAR and DFARS › FAR Part 28: Bonds and Insurance › Subpart 28.2

FAR 28.204-2 Certified or cashiers checks, bank drafts, money orders, or currency.

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 says that anyone required to provide a bond may instead provide a certified or cashier's check, bank draft, Post Office money order, or currency equal to the bond's penal sum. This gives contractors an alternative to obtaining surety bonds. Checks, drafts, or money orders must be made payable to the appropriate Federal agency.

Applies to: Any person required to furnish a bond

What it requires

  • Draw checks, drafts, or money orders to the order of the appropriate Federal agency

Key terms: bond · penal sum · surety · certified or cashier's check · bank draft

Written by AI from this section's text. A guide, not legal advice: the text below rules.

The text

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.

Sections that refer to it

← 28.204-1 United States bonds or notes. · 28.204-3 Irrevocable letter of credit. →

Rule changes for FAR Part 28

Source: eCFR, 48 CFR chapters 1 and 2 (GPO GovInfo bulk data) ↗. Plain words for the terms: glossary.

FAR 28.204-2 Certified or cashiers checks, bank drafts, money orders, or currency · SpendQuery