48 CFR Part 628 – Bonds and Insurance
Current as of: 2024 | Check for updates
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| Subpart 628.1 | Bonds and Other Financial Protections |
| Subpart 628.2 | Sureties and Other Security for Bonds |
| Subpart 628.3 | Insurance |
Terms Used In 48 CFR Part 628 - Bonds and Insurance
- Contract: A legal written agreement that becomes binding when signed.
- Dependent: A person dependent for support upon another.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Oath: A promise to tell the truth.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.