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Code of Federal Regulations Title 48. Federal Acquisition Regulations System 48.852.228-70 Bond premium adjustment

Current as of January 02, 2025 | Updated by Findlaw Staff

As prescribed in 828.106–70, insert the following clause:

Bond Premium Adjustment (JAN 2008)

When net changes in original contract price affect the premium of a Corporate Surety Bond by $5 or more, the Government, in determining the basis for final settlement, will provide for bond premium adjustment computed at the rate shown in the bond.

(End of clause)

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Cite this article: FindLaw.com - Code of Federal Regulations Title 48. Federal Acquisition Regulations System 48.852.228-70 Bond premium adjustment - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-48-federal-acquisition-regulations-system/cfr-48-852-228-70/

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