[Query Concerning a Surety's Role Under Defaulted Construction Contracts]

B-207993: Aug 18, 1982

Additional Materials:


Edda Emmanuelli Perez
(202) 512-2853


Office of Public Affairs
(202) 512-4800

This document is regarding a letter concerning a surety's role under defaulted construction contracts. An individual was concerned that the National Aeronautics and Space Administration may not allow the surety the option of finding a substitute contractor, thus limiting the surety to entering into a takeover agreement. GAO found that federal regulations rightfully reserve discretion to the Government to decide which arrangement best serves the Government's interest.

Oct 19, 2016

Oct 18, 2016

Oct 17, 2016

Oct 13, 2016

Oct 12, 2016

Oct 7, 2016

Looking for more? Browse all our products here