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                            28.106-2 Substitution of surety bonds.
        
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FAC Number: 2024-03 Effective Date: 02/23/2024
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Subpart28.028.128.228.3
Section28.10028.10128.10228.10328.10428.10528.106
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28.106-2 Substitution of surety bonds.28.106-2 Substitution of surety bonds.       (a) 						            A new surety bond covering all or part of the obligations on a bond previously approved may be substituted for the original bond if approved by the head of the contracting activity, or as otherwise specified in agency regulation.                                          (b) 						            When a new surety bond is approved, the contracting officer shall notify the principal and surety of the original bond of the effective date of the new bond.    **Parent topic:**  28.106 Administration.
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