I've done loads of these designs. a lot of engineers "make it work", ignore the standards, and sign off on guards exactly as you describe. 1/2" single pane tempered will not work. but you will see it all over the place, a lot of dangerous guards around.
because there are engineers who sign off on this, contractors expect it. Doesn't make it right. It's all fine and dandy until you meet someone who has fallen through an inadequate guardrail and wound up with a broken neck (been there).
Consider:
1. check your glass design standard. you likely need a redundant guardrail should a pane break. this means, either a fully continuous structural top cap securely fastened at ends to take that 200lb load, or, a laminated sheet of glass that will take that 200lb load should one side of that lite break. look into dupont SGP interlayers.
2. most standards require a top cap, to give the top edge protection. no consumer wants a top cap interrupting their line of sight. if you specify a light duty cheap-o top cap, very likely it will get removed immediately after compliance inspections are done with.
I don't sign off on these anymore. but when I did, I took a pragmatic approach. To make a design like this work to the letter of the code, you will likely need 10on10 tempered laminated, or, 19mm tempered glass with a fully structural top cap. Not many contractors will hire you again if you force them down this road. they may even drop you and find another engineer, as your solution is too expensive.
I would relax my requirements a little bit, and sign off on a guard that was slightly less than code compliant. because if i didnt, my client would go down the road and hire an engineer who would sign off on something downright dangerous. This method makes a real good topic for ethical debate.
PS recommend pushing for 6" spacing between bolt fixings to reduce the moment, original design likely calls for 4"