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Administracja i zamówienia · 30/09/2005

Federal Acquisition Regulation; Powers of Attorney for Bid Bonds

The Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council have agreed on a final rule amending the Federal Acquisition Regulation to clarify that a copy of a power of attorney, including a photocopy or facsimile copy, is sufficient evidence of authority to bind a surety when submitting a bid bond, and that the authenticity and enforceability of the power of attorney at the time of bid opening will be the responsibility of the bidder.

Source: Federal Register — General Services AdministrationOpen original release →