---
kind: "section"
citation: "13 C.F.R. § 115.64"
title: "13"
number: "115.64"
heading: "Timeliness requirement."
url: "https://uscodex.org/cfr/13/115.64"
---

# §115.64. Timeliness requirement.


There must be no Execution or approval of a bond by a PSB Surety after commencement of work under a Contract unless the Surety obtains written approval from the D/SG. To apply for such approval, the Surety must submit a completed “Surety Bond Guarantee Agreement Addendum” (SBA Form 991), together with the evidence and certifications described in [§ 115.19(f)(1)(ii)](/cfr/13/115.19.md?p=f-1-ii). For purposes of this section, work has commenced under a Contract when a Principal takes any action related to the contract or bond that would have exposed its Surety to liability under applicable law had a bond been Executed (or approved, if the Surety is legally bound by such approval) at the time.


## Notes

### Amendments

[61 FR 3271, Jan. 31, 1996, as amended at 87 FR 48084, Aug. 8, 2022]

### Authority

Authority: 5 U.S.C. app 3; 15 U.S.C. 636i, 687b, 687c, 694a, and 694b note.

### Source

Source: 61 FR 3271, Jan. 31, 1996, unless otherwise noted.

### Amendments

[61 FR 3271, Jan. 31, 1996, as amended at 87 FR 48084, Aug. 8, 2022]