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Panoptic Enterprises' FEDERAL CONTRACTS DISPATCH

DATE: August 10, 2004

SUBJECT: Defense Federal Acquisition Regulation Supplement (DFARS); Bonds

SOURCE: Federal Register, August 10, 2004, Vol. 69, No. 153, page 48444

AGENCIES: Department of Defense (DOD)

ACTION: Proposed Rule

SYNOPSIS: DOD is proposing to amend DFARS 228.105, Other Types of Bonds, to clarify that fidelity and forgery bonds are authorized for use under certain circumstances.

DATES: Comments on the proposed rule must be submitted on or before October 12, 2004.

ADDRESSES: Respondents may submit comments directly on the web site at either http://www.regulations.gov OR http://emissary.acq.osd.mil/dar/dfars.nsf/pubcomm. As an alternative, respondents may e-mail comments to: dfars@acq.osd.mil. Also, respondents who cannot submit comments through the web site or by e-mail may submit comments to Defense Acquisition Regulations Council, Attn: Thaddeus Godlewski, OUSD(AT&L)DP(DAR), IMD 3C132, 3062 Defense Pentagon, Washington, DC 20301-3062; fax to either 703-602-7887 OR 703-602-0350; or hand-deliver/courier to: Defense Acquisition Regulations Council, Crystal Square 4, Suite 200A, 241 18th Street, Arlington, VA 22202-3402. Cite "DFARS Case 2003-D033" when making comments on this interim rule.

FOR FURTHER INFORMATION CONTACT: Thaddeus Godlewski, 703-602-2022.

SUPPLEMENTARY INFORMATION: DFARS 228.105 currently states, "Fidelity and forgery bonds generally are not required but may be used when (1) necessary for the protection of the government or the contractor; or (2) the investigative and claims services of a surety company are desired." This proposed rule would clarify the use of fidelity and forgery bonds by changing the words "may be used when" to "are authorized for use when".

FOR FURTHER INFORMATION CONTACT: Panoptic Enterprises at 703-451-5953 or by e-mail to Panoptic@FedGovContracts.com.

Copyright 2004 by Panoptic Enterprises. All Rights Reserved.

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