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                            JAR
                            PART 2828 - BONDS AND INSURANCE
        
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JARPart Number: 2828
        
                  

                                
                  
        Justice Acquisition Regulation
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PART 2828 - BONDS AND INSURANCE       Authority:                            28 U.S.C. 510; 40 U.S.C. 486(c); 28 CFR 0.75(j) and 0.76(j).          Source:                            87 FR 47118, Aug. 2, 2022, unless otherwise noted.                                       Subpart 2828.1 - Bonds and Other Financial Protections                                                         2828.101 Bid guarantees.                                                            2828.101-1 Policy on use.                                                            2828.106 Administration.                                                            2828.106-6 Furnishing information.                                                                             Subpart 2828.2 - Sureties and Other Security for Bonds                                                         2828.203 Acceptability of individual sureties.                                                            2828.203-7 Exclusion of individual sureties.                                                                             Subpart 2828.3 - Insurance                                                         2828.307 Insurance under cost-reimbursements contracts.                                                            2828.307-1 Group insurance plans.    **Parent topic:**  SUBCHAPTER E - GENERAL CONTRACTING REQUIREMENTSSubpart 2828.1 - Bonds and Other Financial Protections    2828.101 Bid guarantees.2828.101-1 Policy on use.       The HCA or designee is the agency head for the purposes of authorizing class waivers in accordance with FAR 28.101-1(c).2828.106 Administration.2828.106-6 Furnishing information.       In accordance with FAR 28.106-6(c), the HCA, or designee at a level at or above the BPC, is the agency official authorized to furnish the certified copy of the bond and the contract.Subpart 2828.2 - Sureties and Other Security for Bonds    2828.203 Acceptability of individual sureties.       All assets pledged by individual sureties must be eligible obligations as defined in 31 CFR part 225, “Acceptable Collateral for Pledging to Federal Agencies.” This collateral will be placed in the custody of the U.S. Treasury, with a Federal Reserve Bank acting as the depositary until the completion of the obligation.2828.203-7 Exclusion of individual sureties.       The SDO is the agency head for the purposes of FAR 28.203-7(a).Subpart 2828.3 - Insurance    2828.307 Insurance under cost-reimbursements contracts.2828.307-1 Group insurance plans.       Under cost-reimbursement contracts, the contractor, before buying insurance under a group insurance plan, shall submit the plan to the contracting officer for review and approval. During review, the contracting officer may utilize all sources of information available such as audit, industry practices, etc., to determine if acceptance of the group insurance plan is in the Government's best interest.
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