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                            28.102-3 Contract clauses.
        
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FAC Number: 2024-03 Effective Date: 02/23/2024
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Subpart28.028.128.228.3
Section28.10028.10128.10228.10328.10428.10528.106
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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 performance and payment bonds if the resultant contract is expected to exceed $150,000. The contracting officer may revise paragraphs (b)(1) and/or (b)(2) of the clause to establish a lower percentage in accordance with  28.102-2(b). If the provision at  52.228-1 is not included in the solicitation, the contracting officer must set a period of time for return of executed bonds.                                          (b) 						            Insert the clause at  52.228-13, Alternative Payment Protections, in solicitations and contracts for construction, when the estimated or actual value exceeds $35,000 but does not exceed $150,000. Complete the clause by specifying the payment protections selected (see  28.102-1(b)(1)) and the deadline for submission. The contracting officer may revise paragraph (b) of the clause to establish a lower percentage in accordance with  28.102-2(c).    **Parent topic:**  28.102 Performance and payment bonds and alternative payment protections for construction contracts.
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