48 CFR · Federal Acquisition Regulation and Defense supplement

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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.

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7 sections with “pledge of assets”

  • FAR 52.228-11 Individual Surety—Pledge of Assets.
    As prescribed in 28.203-4(b), insert the following clause: Individual Surety—Pledge of Assets (FEB 2021) (a) The Contractor shall obtain from each person acting as an individual surety on a performance bond or a payment bond— (1) A pledg…
  • FAR 52.228-17 Individual Surety—Pledge of Assets (Bid Guarantee).
    As prescribed in 28.203-4(a), insert the following provision: Individual Surety—Pledge of Assets (Bid Guarantee) (FEB 2021) (a) Offerors shall obtain from each person acting as an individual surety on a bid guarantee— (1) A pledge of ass…
  • FAR 28.203-1 Acceptability of individual sureties.
    …vidual surety is acceptable for all types of bonds except position schedule bonds. Assets pledged by an individual surety shall meet the eligibility requirements of Treasury's Bureau of the Fiscal Service. Per 31 U.S.C. 9310, individual sur…
  • FAR 28.203-2 Substitution of assets.
    …ividual surety may request the Government to accept a substitute asset for that currently pledged by submitting a written request, including a revised SF 28, to the responsible contracting officer. Following the requirements set forth in 28…
  • FAR 28.203-3 Release of security interest.
    …nt with the conditions in subparagraphs (a)(1) and (2) of this section. A surety's assets pledged in support of a payment bond may be released to a subcontractor or supplier upon Government receipt of a Federal district court judgment, or a…
  • FAR 28.203-4 Solicitation provision and contract clause.
    (a) Insert the provision at 52.228-17, Individual Surety—Pledge of Assets (Bid Guarantee), in solicitations that require the submission of a bid guarantee. (b) Insert the clause at 52.228-11, Individual Surety—Pledge of Assets, in solicita…
  • FAR 52.232-12 Advance Payments.
    … without the prior written consent of the administering office, shall not— (1) Mortgage, pledge, or otherwise encumber or allow to be encumbered, any of the assets of the Contractor now owned or subsequently acquired, or permit any preexis…

FAR (chapter 1)

DFARS (chapter 2, Defense)

Source: eCFR, 48 CFR chapters 1 and 2 (GPO GovInfo bulk data) ↗. Rule changes in progress: FAR, DFARS. Terms: glossary.