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    (Showing 16 to 30 of 65 results found.)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
          28.103-3 Payment bonds.28.103-3 Payment bonds., 28.103-3 Payment bonds., (a) A payment bond is required only when a performance bond is required, and if the use of payment bond is in the Government’s interest. (b) When a contract price is increased, the Government may require additional...FAR
          28.103-4 Contract clause.28.103-4 Contract clause., 28.103-4 Contract clause., The contracting officer shall insert a clause substantially the same as the clause at 52.228-16 , Performance and Payment Bonds -Other than Construction , in solicitations and contracts that contain a...FAR
          28.104 Annual performance bonds.28.104 Annual performance bonds., 28.104 Annual performance bonds., (a) Annual performance bonds only apply to nonconstruction contracts. They shall provide a gross penal sum applicable to the total amount of all covered contracts. (b) When the penal sums...FAR
          28.105 Other types of bonds.28.105 Other types of bonds., 28.105 Other types of bonds., The head of the contracting activity may approve using other types of bonds in connection with acquiring particular supplies or services. These types include advance payment bonds and patent infringement...FAR
          28.105-1 Advance payment bonds.28.105-1 Advance payment bonds., 28.105-1 Advance payment bonds., Advance payment bonds may be required only when the contract contains an advance payment provision and a performance bond is not furnished. The contracting officer shall determine the amount of the...FAR
          28.105-2 Patent infringement bonds.28.105-2 Patent infringement bonds., 28.105-2 Patent infringement bonds., (a) Contracts providing for patent indemnity may require these bonds only if- (1) A performance bond is not furnished; and (2) The financial responsibility of the contractor is unknown or...FAR
          28.106 Administration.28.106 Administration., 28.106 Administration., 28.106-1 Bonds and bond-related forms., 28.106-2 Substitution of surety bonds., 28.106-3 Additional bond and security., 28.106-4 Contract clause., 28.106-5 Consent of surety., 28.106-6 Furnishing information.,...FAR
          28.106-1 Bonds and bond-related forms.28.106-1 Bonds and bond-related forms., 28.106-1 Bonds and bond-related forms., The following Standard Forms (SF’s) and Optional Forms (OF’s), shall be used, except in foreign countries, when a bid bond , performance or payment bond , or an individual surety is...FAR
          28.106-2 Substitution of surety bonds.28.106-2 Substitution of surety bonds., 28.106-2 Substitution of surety bonds., (a) A new surety bond covering all or part of the obligations on a bond previously approved may be substituted for the original bond if approved by the head of the contracting activity...FAR
          28.106-3 Additional bond and security.28.106-3 Additional bond and security., 28.106-3 Additional bond and security., (a) When additional bond coverage is required and is secured in whole or in part by the original surety or sureties , agencies shall use Standard Form1415 , Consent of Surety and...FAR
          28.106-4 Contract clause.28.106-4 Contract clause., 28.106-4 Contract clause., (a) The contracting officer shall insert the clause at 52.228-2 , Additional Bond Security, in solicitations and contracts when bonds are required. (b) In accordance with secti on 806(a)(3) of Public Law...FAR
          28.106-5 Consent of surety.28.106-5 Consent of surety., 28.106-5 Consent of surety., (a) When any contract is modified, the contracting officer shall obtain the consent of surety if- (1) An additional bond is obtained from other than the original surety ; (2) No additional bond is required...FAR
          28.106-6 Furnishing information.28.106-6 Furnishing information., 28.106-6 Furnishing information., (a) The surety on the bond , upon its written request, may be furnished information on the progress of the work, payments, and the estimated percentage of completion, concerning the contract for...FAR
          28.106-7 Withholding contract payments.28.106-7 Withholding contract payments., 28.106-7 Withholding contract payments., (a) During contract performance, agencies shall not withhold payments due contractors or assignees because subcontractors or suppliers have not been paid. (b) If, after completion of...FAR

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