48 CFR 28.105-1 - 28.105-1 Advance payment bonds.

Regulations last checked for updates: May 02, 2024

Title 48 - Federal Acquisition Regulations System last revised: Apr 25, 2024

View all text of Subpart 28.1 [28.100 - 28.106-8]

28.105-1 - 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 advance payment bond necessary to protect the Government.

authority: 40 U.S.C. 121(c); 10 U.S.C. chapter 4 and 10 U.S.C. chapter 137 legacy provisions (see 10 U.S.C. 3016); and 51 U.S.C. 20113.

source: 48 FR 42286, Sept. 19, 1983, unless otherwise noted.

cite as: 48 CFR 28.105-1