Federal activity overview — SF-28: Affidavit of Individual Surety
Federal form · U.S. General Services Administration (Standard Form)
Used when an individual (rather than a corporate surety company) provides a surety bond. The individual surety must demonstrate sufficient assets pledged as security. This is an alternative to corporate surety bonds, though its use has been restricted by recent regulations requiring pledged assets.
Small contractors who cannot obtain corporate surety bonds may use individual sureties with SF-28, provided the individual can demonstrate acceptable assets. New rules require pledged assets to be in the form of certain acceptable types.
Reference record · Sources: U.S. General Services Administration (Standard Form) · Covers what it is, when it is used
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is federal form SF-28 (Affidavit of Individual Surety). Used when an individual (rather than a corporate surety company) provides a surety bond. The individual surety must demonstrate sufficient assets pledged as security. This is an alternative to corporate surety bonds, though its use has been restricted by recent regulations requiring pledged assets.
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Ask about SF-28Small contractors who cannot obtain corporate surety bonds may use individual sureties with SF-28, provided the individual can demonstrate acceptable assets. New rules require pledged assets to be in the form of certain acceptable types.
Keep SF-28: Affidavit of Individual Surety with your other forms and come back to the official source and instructions.
Bureauify. (n.d.). SF-28: Affidavit of Individual Surety — Records & sources. Bureauify Federal Intelligence. Retrieved , from https://bureauify.com/form/sf-28-affidavit-individual-surety
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