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The Revolutionary FAR Overhaul has published a revised version of this clause. The RFO version supersedes the eCFR text below for contracts using the RFO model; see the RFO deviation for applicability.
52.228-17 Individual Surety—Pledge of Assets (Bid Guarantee).
As prescribed in 28.203-4(a), insert the following provision:
Individual Surety—Pledge of Assets (Bid Guarantee) (FEB 2021)
(a) Offerors shall obtain from each person acting as an individual surety on a bid guarantee—
(1) A pledge of assets that meets the eligibility, valuation, and security requirements described in the Federal Acquisition Regulation (FAR) 28.203-1; and
(2) Standard Form 28, Affidavit of Individual Surety.
(b) The Offeror shall include with its offer the information required at paragraph (a) of this provision within the timeframe specified in the provision at FAR 52.228-1, Bid Guarantee, or as otherwise established by the Contracting Officer.
(c) The Contracting Officer may release the security interest on the individual surety's assets in support of a bid guarantee based upon evidence that the offer supported by the individual surety will not result in contract award.
(End of provision)
[86 FR 3686, Jan. 14, 2021]
28.203-4(a)
(a)Insert the provision at 52.228-17, Individual Surety--Pledge of Assets (Bid Guarantee), in solicitations that require the submission of a bid guarantee.
(b)Insert the clause at 52.228-11, Individual Surety--Pledge of Assets, in solicitations and contracts that require the submission of performance or payment bonds.
Prescription data sourced from eCFR as of 2026-06-10 03:16 UTC.
Cross-references within the prescription are not resolved automatically.
Regulatory Stack
The layers of regulation that govern this clause, from the FAR prescription through agency-specific supplements and any active deviations.
RFORFO VersionOverhauled clause text
The Revolutionary FAR Overhaul publishes a revised version of this clause. See the RFO Version tab for the controlling authority under the RFO model.
(a)Insert the provision at 52.228-17, Individual Surety--Pledge of Assets (Bid Guarantee), in solicitations that require the submission of a bid guarantee.
(b)Insert the clause at 52.228-11, Individual Surety--Pledge of Assets, in solicitations and contracts that require the submission of performance or payment bonds.
Version history is sourced from the codified eCFR. Changes published only as class deviations or by the Revolutionary FAR Overhaul do not appear here until they are incorporated into the eCFR. For RFO-driven changes see the RFO Version tab and any active deviations cited above.
No version history available from eCFR.
RFO Version
Comparison of the codified eCFR text against the Revolutionary FAR Overhaul revision. Highlights show additions (green) and deletions (red, struck through).
Clause Text
Substantive changes. The RFO version differs materially from the eCFR text.
eCFR (codified)
RFO (implemented)
Unchanged
52.228-17 Individual Surety—Pledge of Assets (Bid Guarantee).
eCFR (codified)
RFO (implemented)
2 added, 1 removed
As prescribed in 28.203-4(a), insert the following provision:
As prescribed in 28.203-4 (a), insert the following provision:
2 removed
Individual Surety—Pledge of Assets (Bid Guarantee) (FEB 2021)
Individual Surety—Pledge of Assets (Feb 2021)
(a)
(a) Offerors shall obtain from each person acting as an individual surety on a bid guarantee—
(a)
(a) Offerors shall obtain from each person acting as an individual surety on a bid guarantee—
(1)
(1) A pledge of assets that meets the eligibility, valuation, and security requirements described in the Federal Acquisition Regulation (FAR) 28.203-1; and
(1)
(1) A pledge of assets that meets the eligibility, valuation, and security requirements described in the Federal Acquisition Regulation (FAR) 28.203-1; and
(2)
(2) Standard Form 28, Affidavit of Individual Surety.
(2)
(2) Standard Form 28, Affidavit of Individual Surety.
(b)
(b) The Offeror shall include with its offer the information required at paragraph (a) of this provision within the timeframe specified in the provision at FAR 52.228-1, Bid Guarantee, or as otherwise established by the Contracting Officer.
(b)
(b) The Offeror shall include with its offer the information required at paragraph (a) of this provision within the timeframe specified in the provision at FAR 52.228-1, Bid Guarantee, or as otherwise established by the Contracting Officer.
(c)
(c) The Contracting Officer may release the security interest on the individual surety's assets in support of a bid guarantee based upon evidence that the offer supported by the individual surety will not result in contract award.
(c)
(c) The Contracting Officer may release the security interest on the individual surety's assets in support of a bid guarantee based upon evidence that the offer supported by the individual surety will not result in contract award.
(End of provision)
(End of provision)
6 removed
[86 FR 3686, Jan. 14, 2021]
Prescription
Substantive changes. The RFO prescription differs materially from the eCFR prescription.
eCFR (codified)
RFO (implemented)
Unchanged
52.228-17 Individual Surety—Pledge of Assets (Bid Guarantee).: Prescription
eCFR (codified)
RFO (implemented)
3 added, 2 removed
(a)
(a)Insert the provision at 52.228-17, Individual Surety--Pledge of Assets (Bid Guarantee), in solicitations that require the submission of a bid guarantee.
(a)
(a) Insert the provision at 52.228-17, Individual Surety—Pledge of Assets (Bid Guarantee), in solicitations that require the submission of a bid guarantee.
22 removed
(b)
(b)Insert the clause at 52.228-11, Individual Surety--Pledge of Assets, in solicitations and contracts that require the submission of performance or payment bonds.