§35.6590. Bonding and insurance.
40 C.F.R. § 35.6590
General. The recipient must meet the requirements regarding bonding described in 2 CFR 200.326. The recipient must clearly and accurately state in the contract documents the bonds and insurance requirements, including the amounts of security coverage that a bidder or offeror must provide.
Accidents and catastrophic loss. The recipient must require the contractor to provide insurance against accidents and catastrophic loss to manage any risk inherent in completing the project.
Notes, amendments, and revision history
Amendments
[72 FR 24504, May 2, 2007, as amended at 79 FR 76060, Dec. 19, 2014; 87 FR 30400, May 19, 2022]
Authority
Authority: 42 U.S.C. 9601 et seq.
Source
Source: 72 FR 24504, May 2, 2007, unless otherwise noted.
Authority
Authority: 42 U.S.C. 7401 et seq.; 33 U.S.C. 1251 et seq.; 42 U.S.C. 300f et seq.; 42 U.S.C. 6901 et seq.; 7 U.S.C. 136 et seq.; 15 U.S.C. 2601 et seq.; 42 U.S.C. 13101 et seq.; Pub. L. 104-134, 110 Stat. 1321, 1321-299 (1996); Pub. L. 105-65, 111 Stat. 1344, 1373 (1997), 2 CFR 200.
Amendments
[72 FR 24504, May 2, 2007, as amended at 79 FR 76060, Dec. 19, 2014; 87 FR 30400, May 19, 2022]