FAR and DFARS › FAR Part 37: Service Contracting › Subpart 37.3
FAR 37.302 Bonds or other security.
The codified text (eCFR, as of 2026-10-02). Under the Revolutionary FAR Overhaul ↗, agencies follow class deviations with new text for many parts while the formal rules go through the Federal Register: check the solicitation and your contract's clauses, which rule.
In plain English
This section says that for contracts solely for dismantling, demolition, or removal of improvements, the general federal bond statute does not apply. However, the contracting officer may still require a performance bond or other security in an amount they consider adequate to ensure completion and protect certain property and the Government.
Applies to: Contracts solely for dismantling, demolition, or removal of improvements
Key terms: performance bond · other security · dismantling · demolition · removal of improvements
Written by AI from this section's text. A guide, not legal advice: the text below rules.
The text
When a contract is solely for dismantling, demolition, or removal of improvements, 40 U.S.C. chapter 31, subchapter III, Bonds, (see 28.102) does not apply. However, the contracting officer may require the contractor to furnish a performance bond or other security (see 28.103) in an amount that the contracting officer considers adequate to (a) ensure completion of the work, (b) protect property to be retained by the Government, (c) protect property to be provided as compensation to the contractor, and (d) protect the Government against damage to adjoining property.
← 37.301 Labor standards. · 37.303 Payments. →
Rule changes for FAR Part 37
- Federal Acquisition Regulation: Revolutionary Federal Acquisition Regulation Overhaul Parts 6, 7, 10, 18, 26, 37, and 41 ↗ · proposed 2026-06-23 · comments due 2026-07-23
- Federal Acquisition Regulation: Preventing Organizational Conflicts of Interest in Federal Acquisition ↗ · proposed 2025-01-15 · comments due 2025-03-17
- Federal Acquisition Regulation: Sustainable Procurement ↗ · final rule 2024-04-22 · effective 2024-05-22
Source: eCFR, 48 CFR chapters 1 and 2 (GPO GovInfo bulk data) ↗. Plain words for the terms: glossary.