SF-273 Reinsurance Agreement for a Miller Act Performance Bond

5(,1685$1&($*5((0(17)25$0,//(5$&73(5)250$1&(%21'
6HHLQVWUXFWLRQVRQUHYHUVH

20%1R 

3XEOLFUHSRUWLQJ EXUGHQIRUWKLVFROOHFWLRQ RILQIRUPDWLRQ LVHVWLPDWHGWRDYHUDJHPLQXWHVSHUUHVSRQVHLQFOXGLQJWKHWLPHIRUUHYLHZLQJLQVWUXFWLRQVVHDUFKLQJH[LVWLQJGDWD
VRXUFHV JDWKHULQJDQGPDLQWDLQLQJWKHGDWDQHHGHGDQGFRPSOHWLQJ DQGUHYLHZLQJWKHFROOHFWLRQ RI LQIRUPDWLRQ 6HQGFRPPHQWVUHJDUGLQJWKLVEXUGHQHVWLPDWHRUDQ\RWKHU
DVSHFW RI WKLVFROOHFWLRQ RI LQIRUPDWLRQ LQFOXGLQJVXJJHVWLRQV IRU UHGXFLQJWKLVEXUGHQWR WKH)$56HFUHWDULDW095 )HGHUDO$FTXLVLWLRQ 3ROLF\ 'LYLVLRQ *6$:DVKLQJWRQ
'&
',5(&7:5,7,1*&203$1<

$ '$7(',5(&7:5,7,1*&203$1< (;(&87(67+,6
$*5((0(17
% 67$7(2) ,1&25325$7,21

5(,1685,1* &203$1<

$ $02817 2) 7+,65(,1685$1&( 
% '$7(5(,1685,1* &203$1< (;(&87(67+,6
$*5((0(17
& 67$7(2) ,1&25325$7,21

'(6&5,37,21
2)&2175$&7
$ $02817 2) &2175$&7
% &2175$&7 '$7(

'(6&5,37,21
2)%21'
$ 3(1$/680 2) %21'

& &2175$&7 12

% '$7(2) %21'

& %21' 12

' '(6&5,37,21 2) &2175$&7

' 35,1&,3$/

( &2175$&7,1* $*(1&<

( 67$7(2) ,1&25325$7,21 ,I&RUSRUDWH3ULQFLSDO

$*5((0(17
D 7KH 'LUHFW :ULWLQJ &RPSDQ\ QDPHG DERYH LV ERXQG DV VXUHW\ WR WKH 8QLWHG 6WDWHV RI $PHULFD RQ WKH SHUIRUPDQFH ERQG GHVFULEHG DERYH
ZKHUHLQ WKH DERYH GHVFULEHG LV WKH SULQFLSDO IRU WKH SURWHFWLRQ RI WKH 8QLWHG 6WDWHV RQ WKH FRQWUDFW GHVFULEHG DERYH  7KH FRQWUDFW LV IRU WKH
FRQVWUXFWLRQ DOWHUDWLRQ RU UHSDLURIDSXEOLFEXLOGLQJRUSXEOLFZRUNRIWKH8QLWHG6WDWHVDQGWKHSHUIRUPDQFHERQGZDVIXUQLVKHGWRWKH8QLWHG6WDWHV
XQGHU WKH $FW RI $XJXVW   DV DPHQGHG  86& DH NQRZQ DV WKH 0LOOHU $FW  7KH 'LUHFW:ULWLQJ&RPSDQ\ KDVDSSOLHGWR WKH
5HLQVXULQJ&RPSDQ\ QDPHGDERYHWREHUHLQVXUHGDQGFRXQWHUVHFXUHGLQWKHDPRXQWVKRZQRSSRVLWH WKHQDPHRIWKH5HLQVXULQJ&RPSDQ\UHIHUUHGWR
DVWKH$PRXQW RI WKLV5HLQVXUDQFHRU IRU ZKDWHYHUDPRXQWOHVVWKDQWKH$PRXQWRIWKLV5HLQVXUDQFHWKH'LUHFW:ULWLQJ&RPSDQ\LVOLDEOHWRSD\
XQGHURUE\YLUWXHRIWKHSHUIRUPDQFHERQG
E)RU DVXPPXWXDOO\DJUHHGXSRQSDLGE\WKH'LUHFW:ULWLQJ&RPSDQ\WRWKH5HLQVXULQJ&RPSDQ\ZKLFKDFNQRZOHGJHVLWVUHFHLSWWKHSDUWLHVWR
WKLV$JUHHPHQWFRYHQDQWDQGDJUHHWRWKHWHUPVDQGFRQGLWLRQV RIWKLVDJUHHPHQW
7(506$1'&21',7,216
D7KHSXUSRVH DQGLQWHQWRIWKLVDJUHHPHQWLVWRJXDUDQWHHDQGLQGHPQLI\WKH8QLWHG6WDWHVDJDLQVWORVVXQGHUWKHSHUIRUPDQFHDQGWRWKHH[WHQW
RI WKH$PRXQW RI WKLV5HLQVXUDQFHRU DQ\VXPOHVVWKDQWKH$PRXQWRIWKLV5HLQVXUDQFHWKDWLVRZLQJDQGXQSDLGE\WKH'LUHFW:ULWLQJ&RPSDQ\
WRWKH8QLWHG6WDWHVXQGHUWKHSHUIRUPDQFHERQG
E,IWKH'LUHFW:ULWLQJ&RPSDQ\ IDLOVWR SD\DQ\GHIDXOWXQGHUWKHSHUIRUPDQFH ERQG HTXDOWR RU LQH[FHVVRIWKH$PRXQWRIWKLV5HLQVXUDQFH
WKH5HLQVXULQJ&RPSDQ\FRYHQDQWVDQGDJUHHVWRSD\WRWKH8QLWHG6WDWHVWKHREOLJHHRQWKHSHUIRUPDQFHERQGWKH$PRXQWRIWKLV5HLQVXUDQFH,I
WKH 'LUHFW :ULWLQJ &RPSDQ\ IDLOV WR SD\ WR WKH 8QLWHG 6WDWHV DQ\ GHIDXOW IRU D VXP OHVV WKDQ WKH $PRXQW RI WKLV 5HLQVXUDQFH WKH 5HLQVXULQJ
&RPSDQ\ FRYHQDQWV DQGDJUHHVWR SD\WR WKH8QLWHG6WDWHVWKHIXOODPRXQWRIWKHGHIDXOWRUVRPXFKWKHUHRIWKDWLVQRWSDLGWRWKH8QLWHG6WDWHVE\
WKH'LUHFW:ULWLQJ&RPSDQ\
F ,I WKHUH LV D GHIDXOWRQ WKHSHUIRUPDQFH ERQG IRU WKH$PRXQW RI WKLV5HLQVXUDQFHRU PRUH WKH5HLQVXULQJ&RPSDQ\ DQGWKH'LUHFW:ULWLQJ
&RPSDQ\ KHUHE\FRYHQDQW DQGDJUHHWKDWWKH8QLWHG6WDWHVPD\EULQJVXLWDJDLQVWWKH5HLQVXULQJ&RPSDQ\ IRU WKH$PRXQWRIWKLV5HLQVXUDQFHRU
LQWKHFDVHWKHDPRXQWRIWKHGHIDXOWLVIRUOHVVWKDQWKH$PRXQWRIWKLV5HLQVXUDQFHIRUWKHIXOODPRXQWRIWKHGHIDXOW
:,71(66
7KH'LUHFW:ULWLQJ&RPSDQ\ DQGWKH5HLQVXULQJ&RPSDQ\UHVSHFWLYHO\KDYHFDXVHGWKLV$JUHHPHQWWREHVLJQHGDQGLPSUHVVHGZLWKWKHLUUHVSHFWLYH
FRUSRUDWH VHDOV E\ RIILFHV SRVVHVVLQJ SRZHU WR VLJQ WKLV LQVWUXPHQW DQG WR EH GXO\ DWWHVWHG E\ RIILFHUV HPSRZHUHG WKHUHWR RQ WKH GD\ DQG GDWH
DERYHZULWWHQRSSRVLWH WKHLUUHVSHFWLYHQDPHV

,WHPV')XUQLVKOHJDOQDPHEXVLQHVVDGGUHVVDQG=,3&RGH
$87+25,=(' )25 /2&$/5(352'8&7,21
3UHYLRXVHGLWLRQLVXVDEOH

2YHU

67$1'$5')2505(9
3UHVFULEHGE\*6$)$5&)5K

',5(&7:5,7,1*&203$1<
$6,*1$785(

$77(676,*1$785(

%1$0( $1'7,7/(7\SHG

1$0( $1'7,7/(7\SHG

&RUSRUDWH
6HDO

5(,1685,1*&203$1<
$6,*1$785(

$77(676,*1$785(

% 1$0( $1'7,7/(7\SHG

1$0( $1'7,7/(7\SHG

&RUSRUDWH
6HDO

,16758&7,216
This form is to be used in cases where it is desired to cover the excess of a Direct Writing Company's
underwriting limitation by reinsurance instead of co-insurance on Miller Act performance bonds running to the
United States. See FAR (48 CFR) 28.202-1 and 53.228(h).
Execute and file this form as follows:
Original and copies (as specified by the bond-approving officer), signed and sealed, shall accompany the bond
or be filed within the time period shown in the bid or proposal.
One carbon copy, signed and sealed, shall accompany the Direct Writing Company's quarterly Schedule of
Excess Risks filed with the Department of the Treasury.
Other copies may be prepared for the use of the Direct Writing Company and Reinsuring Company. Each
Reinsuring Company should use a separate form.

67$1'$5')2505(9%$&.