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FAR RIN: 9000-AN39 Publication ID: Fall 2018 
Title: Federal Acquisition Regulation (FAR); FAR Case 2017-003; Individual Sureties 
Abstract:

DoD, GSA, and NASA are 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 implements section 874 of the National Defense Authorization Act (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.

 
Agency: DOD/GSA/NASA (FAR)(FAR)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: Other 
CFR Citation: 48 CFR 28    48 CFR 52   
Legal Authority: 40 U.S.C. 121(c)    10 U.S.C. 137    51 U.S.C. 20113   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  12/00/2018 
NPRM Comment Period End  02/00/2019 
Regulatory Flexibility Analysis Required: Yes  Government Levels Affected: Federal 
Small Entities Affected: Businesses  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: www.regulations.gov   Public Comment URL: www.regulations. gov  
RIN Data Printed in the FR: Yes 
Agency Contact:
Zenaida Delgado
Procurement Analyst
DOD/GSA/NASA (FAR)
1800 F Street, NW,
Washington, DC 20405
Phone:202 969-7207
Email: zenaida.delgado@gsa.gov