FAR 28.201

Requirements for security.

(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.

Source: acquisition.gov — FAR

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