[Code of Federal Regulations]
[Title 48, Volume 1]
[Revised as of October 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 48CFR28.103-4]

[Page 534-535]
 
            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM
 
                CHAPTER 1--FEDERAL ACQUISITION REGULATION
 
PART 28_BONDS AND INSURANCE--Table of Contents
 
           Subpart 28.1_Bonds and Other Financial Protections
 
Sec.  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

[[Page 535]]

that contain a requirement for both payment and performance bonds. The 
contracting officer shall determine the amount of each bond for 
insertion in the clause. The amount shall be adequate to protect the 
interest of the Government. The contracting officer shall also set a 
period of time (normally 10 days) for return of executed bonds. 
Alternate I shall be used when only performance bonds are required.

[61 FR 39213, July 26, 1996]