[Code of Federal Regulations]

[Title 48, Volume 1]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 48CFR28.103-1]



[Page 552]

 

            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. 28.103-1  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 furnish all bonds before receiving a notice 

to proceed with the work.

    (c) No bond shall be required after the contract has been awarded if 

it was not specifically required in the contract, except as may be 

determined necessary for a contract modification.



[[Page 553]]