Part 528 - Bonds and Insurance
Subpart 528.2 - Sureties and Other Security for Bonds
528.202 Acceptability of corporate sureties.
528.310 Contract clause for work on a Government installation.
Subpart 528.2 - Sureties and Other Security for Bonds
528.202 Acceptability of corporate sureties.
Corporate surety bonds must be manually signed by the Attorney-in-Fact or officer of the surety company and the corporate seal affixed. The contracting officer may waive failure of the surety to affix the corporate seal as a minor informality. (See B-184120, July 2, 1975, 75-2 CPD 9.)
Subpart 528.3 - Insurance
528.310 Contract clause for work on a Government installation.
Insert the clause at 552.228-5, Government as Additional Insured, in solicitations and contracts that are expected to exceed the simplified acquisition threshold and require work on a Government installation.
528.311 Solicitation provision and contract clause on liability insurance under cost-reimbursement contracts.
528.311-1 Contract clause.
Use the clause at FAR 52.228-7, Insurance–Liability to Third Persons, in solicitations and contracts, other than those for construction and those for architect-engineer services, when a cost-reimbursement contract is contemplated, unless the head of the contracting activity waives the requirement for use of the clause.