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    (Showing 1 to 15 of 61 results found.)28.000 Scope of part.28.000 Scope of part., 28.000 Scope of part., This part prescribes requirements for obtaining financial protection against losses under contracts that result from the use of the sealed bid or negotiated methods. It covers bid guarantees , bonds , alternative...FAR
          28.001 Definitions.28.001 Definitions., 28.001 Definitions., As used in this part- Attorney-in-fact means an agent, independent agent, underwriter, or any other company or individual holding a power of attorney granted by a surety (see also " power of attorney " at 2.101 ). Bid...FAR
          28.100 Scope of subpart.28.100 Scope of subpart., 28.100 Scope of subpart., This subpart prescribes requirements and procedures for the use of bonds , alternative payment protections, and all types of bid guarantees ., Parent topic:, Subpart 28.1 - Bonds and Other Financial ProtectionsFAR
          28.101 Bid guarantees.28.101 Bid guarantees., 28.101 Bid guarantees., 28.101-1 Policy on use., 28.101-2 Solicitation provision or contract clause., 28.101-3 Authority of an attorney-in-fact for a bid bond., 28.101-4 Noncompliance with bid guarantee requirements., Parent topic:, Subpart...FAR
          28.101-1 Policy on use.28.101-1 Policy on use., 28.101-1 Policy on use., (a) A contracting officer shall not require a bid guarantee unless a performance bond or a performance and payment bond is also required (see 28.102 and 28.103 ). Except as provided in paragraph (c) of this...FAR
          28.101-2 Solicitation provision or contract clause.28.101-2 Solicitation provision or contract clause., 28.101-2 Solicitation provision or contract clause., (a) The contracting officer shall insert a provision or clause substantially the same as the provision at 52.228-1 , Bid Guarantee , in solicitations or...FAR
          28.101-3 Authority of an attorney-in-fact for a bid bond.28.101-3 Authority of an attorney-in-fact for a bid bond., 28.101-3 Authority of an attorney-in-fact for a bid bond., (a) Any person signing a bid bond as an attorney-in-fact shall include with the bid bond evidence of authority to bind the surety . (b) An...FAR
          28.101-4 Noncompliance with bid guarantee requirements.28.101-4 Noncompliance with bid guarantee requirements., 28.101-4 Noncompliance with bid guarantee requirements., (a) In sealed bidding, noncompliance with a solicitation requirement for a bid guarantee requires rejection of the bid , except in the situations...FAR
          28.102 Performance and payment bonds and alternative payment protections for construction contracts.28.102 Performance and payment bonds and alternative payment protections for construction contracts., 28.102 Performance and payment bonds and alternative payment protections for construction contracts., 28.102-1 General., 28.102-2 Amount required., 28.102-3...FAR
          28.102-1 General.28.102-1 General., 28.102-1 General., (a) 40 U.S.C.chapter 31 , subchapter III, Bonds (formerly known as the Miller Act), requires performance and payment bonds for any construction contract exceeding $150,000, except that this requirement may be waived- (1) By...FAR
          28.102-2 Amount required.28.102-2 Amount required., 28.102-2 Amount required., (a) Definition . As used in this subsection- Original contract price means the award price of the contract; or, for requirements contracts, the price payable for the estimated total quantity; or, for...FAR
          28.102-3 Contract clauses.28.102-3 Contract clauses., 28.102-3 Contract clauses., (a) Insert a clause substantially the same as the clause at 52.228-15 , Performance and Payment Bonds - Construction , in solicitations and contracts for construction that contain a requirement for...FAR
          28.103 Performance and payment bonds for other than construction contracts.28.103 Performance and payment bonds for other than construction contracts., 28.103 Performance and payment bonds for other than construction contracts., 28.103-1 General., 28.103-2 Performance bonds., 28.103-3 Payment bonds., 28.103-4 Contract clause., Parent...FAR
          28.103-1 General.28.103-1 General., 28.103-1 General., (a) Generally, agencies shall not require performance and payment bonds for other than construction contracts. However, performance and payment bonds may be used as permitted in 28.103-2 and 28.103-3 . (b) The contractor shall...FAR
          28.103-2 Performance bonds.28.103-2 Performance bonds., 28.103-2 Performance bonds., (a) Performance bonds may be required for contracts exceeding the simplified acquisition threshold when necessary to protect the Government’s interest. The following situations may warrant a performance...FAR

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