9000-AN39 201804 Unified Agenda of Federal Regulatory and Deregulatory Actions 9000 DOD/GSA/NASA (FAR) FAR Federal Acquisition Regulation (FAR); FAR Case 2017-003; Individual Sureties

DoD, GSA, and NASA are is proposing to amend the Federal Acquisition Regulation (FAR) to change the kinds of assets that individual sureties must use as security for their individual surety bonds. This change will implement section 874 of the NDAA for FY 2016 (Pub. L. 114-92), codified at 31 U.S.C. 9310, Individual Sureties. Individual sureties will no longer be able to pledge real property, corporate stocks, corporate bonds, or irrevocable letters of credit. The requirements of 31 U.S.C. 9310 are intended to strengthen the assets pledged by individual sureties, thereby mitigating risk to the Government.

]]> Other Significant Previously Published in The Unified Agenda Proposed Rule Stage No No Other 48 CFR 28 48 CFR 52 40 U.S.C. 121(c) 10 U.S.C. 137 51 U.S.C. 20113 No NPRM 09/00/2018 NPRM Comment Period End 11/00/2018 Yes Businesses Federal No www.regulations.gov www.regulations. gov Yes No Zenaida Delgado Procurement Analyst 9000 DOD/GSA/NASA (FAR) FAR 202 969-7207 zenaida.delgado@gsa.gov 1800 F Street, NW, Washington DC 20405