2928.203 - Options in lieu of sureties.
- Standard Number: 2928.203
- Standard Title: Options in lieu of sureties.
- SubPart Number: 2928.2
- SubPart Title: Sureties
Upon receipt of any of the types of securities listed in FAR 28.203-1 (except bonds or notes received in the District of Columbia) or FAR 28.203-2, the contracting officer shall turn the securities over to the finance office.