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48 CFR · Federal Acquisition Regulation and Defense supplement

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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.

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29 sections with “bid bond”

  • FAR 28.101-3 Authority of an attorney-in-fact for a bid bond.
    (a) Any person signing a bid bond as an attorney-in-fact shall include with the bid bond evidence of authority to bind the surety. (b) An original, or a photocopy or facsimile of an original, power of attorney is sufficient evidence of suc…
  • FAR 14.304 Submission, modification, and withdrawal of bids.
    (a) Bidders are responsible for submitting bids, and any modifications or withdrawals, so as to reach the Government office designated in the invitation for bid (IFB) by the time specified in the IFB. They may use any transmission method au…
  • FAR 28.101-4 Noncompliance with bid guarantee requirements.
    (a) In sealed bidding, noncompliance with a solicitation requirement for a bid guarantee requires rejection of the bid, except in the situations described in paragraph (c) of this subsection when the noncompliance shall be waived. (b) In n…
  • FAR 52.228-1 Bid Guarantee.
    As prescribed in 28.101-2, insert a provision or clause substantially as follows: Bid Guarantee (SEP 1996) (a) Failure to furnish a bid guarantee in the proper form and amount, by the time set for opening of bids, may be cause for rejecti…
  • FAR 28.106-1 Bonds and bond related forms.
    …Forms (SF's) and Optional Forms (OF's) shall be used, except in foreign countries, when a bid bond, performance or payment bond, or an individual surety is required. The bond forms shall be used as indicated in the instruction portion of ea…
  • DFARS 252.217-7008 Bonds.
    …lowing clause: Bonds (DEC 1991) (a) If the solicitation requires an offeror to submit a bid bond, the Offeror may furnish, instead, an annual bid bond (or evidence thereof) or an annual performance and payment bond (or evidence thereof). …
  • FAR 28.001 Definitions.
    …l holding a power of attorney granted by a surety (see also power of attorney at 2.101). Bid means any response to a solicitation, including a proposal under a negotiated acquisition. See the definition of “offer” at 2.101. Bidder means a…
  • FAR 28.101-1 Policy on use.
    (a) A contracting officer shall not require a bid guarantee unless a performance bond or a performance and payment bond is also required (see 28.102 and 28.103). Except as provided in paragraph (c) of this subsection, bid guarantees shall b…
  • FAR 28.101-2 Solicitation provision or contract clause.
    …r shall insert a provision or clause substantially the same as the provision at 52.228-1, Bid Guarantee, in solicitations or contracts that require a bid guarantee or similar guarantee. For example, the contracting officer may modify this p…
  • FAR 52.228-14 Irrevocable Letter of Credit.
    …or condition the letter of credit. (b) If the offeror intends to use an ILC in lieu of a bid bond, or to secure other types of bonds such as performance and payment bonds, the letter of credit and letter of confirmation formats in paragrap…
  • FAR 53.228 Bonds and insurance.
    … forms are authorized for local reproduction, except for SF 25B. (a) SF 24 (Rev. 8/2016) Bid Bond. (See 28.106-1.) (b) SF 25 (Rev. 8/2016) Performance Bond. (See 28.106-1(b).) (c) SF 25A (Rev. 8/2016) Payment Bond. (See 28.106-1(c).) (d…
  • FAR 2.101 Definitions.
    …ment's estimation, provides the greatest overall benefit in response to the requirement. Bid sample means a product sample required to be submitted by an offeror to show characteristics of the offered products that cannot adequately be des…
  • FAR 50.102-3 Limitations on exercise of authority.
    …and open competition for award of contracts for supplies or services; or (4) Waiving any bid bond, payment bond, performance bond, or other bond required by law. (b) No contract, amendment, or modification shall be made under Pub. L. 85-8…
  • FAR 18.121 Bid guarantees.
    The chief of the contracting office may waive the requirement to obtain a bid guarantee for emergency acquisitions when a performance bond or a performance bond and payment bond is required. (See 28.101-1(c).)
  • FAR 28.203-1 Acceptability of individual sureties.
    …llateral for 31 CFR part 225”. (b)(1) An individual surety shall execute the bond (e.g., bid bond (SF 24), performance bond (SF 25), payment bond (SF 25A)). (2) The net adjusted value of unencumbered assets is their market value minus the…
  • FAR 31.205-4 Bonding costs.
    … in instances where the contractor requires similar assurance. Included are such bonds as bid, performance, payment, advance payment, infringement, and fidelity bonds. (b) Costs of bonding required pursuant to the terms of the contract are…
  • FAR 52.228-15 Performance and Payment Bonds—Construction.
    …insurance agreements, to the Contracting Officer, within the time period specified in the Bid Guarantee provision of the solicitation, or otherwise specified by the Contracting Officer, but in any event, before starting work. (d) Surety or…
  • FAR 28.000 Scope of part.
    …inancial protection against losses under contracts that result from the use of the sealed bid or negotiated methods. It covers bid guarantees, bonds, alternative payment protections, security for bonds, and insurance.
  • FAR 28.203-4 Solicitation provision and contract clause.
    (a) Insert the provision at 52.228-17, Individual Surety—Pledge of Assets (Bid Guarantee), in solicitations that require the submission of a bid guarantee. (b) Insert the clause at 52.228-11, Individual Surety—Pledge of Assets, in solicita…
  • FAR 28.204-3 Irrevocable letter of credit.
    …he period for which financial security is required shall be as follows: (1) If used as a bid guarantee, the ILC should expire no earlier than 60 days after the close of the bid acceptance period. (2) If used as an alternative to corporate…
  • FAR 36.213-4 Notice of award.
    …shall contain information required by 14.408, and shall— (a) Identify the invitation for bids; (b) Identify the contractor's bid; (c) State the award price; (d) Advise the contractor that any required payment and performance bonds must …
  • FAR 4.803 Contents of contract files.
    …d record of any debriefing. (29) Acquisition management reports (see subpart 4.6). (30) Bid, performance, payment, or other bond documents, or a reference thereto, and notices to sureties. (31) Report of postaward conference. (32) Notic…
  • FAR 22.1802 Policy.
    (a) Statutes and Executive orders require employers to abide by the immigration laws of the United States and to employ in the United States only individuals who are eligible to work in the United States. The E-Verify program provides an In…
  • FAR 28.100 Scope of subpart.
    …ts and procedures for the use of bonds, alternative payment protections, and all types of bid guarantees.
  • FAR 28.202 Acceptability of corporate sureties.
    …essary reinsurance agreements to the contracting officer within the time specified on the bid form, which may not exceed 45 calendar days after the execution of the bond. The contractor shall use Standard Form (SF) 273, Reinsurance Agreemen…
  • FAR 28.203-3 Release of security interest.
    …ficer may release the security interest on the individual surety's assets in support of a bid guarantee based upon evidence that the offer supported by the individual surety will not result in contract award. (c) Upon written request by th…
  • FAR 28.204-4 Contract clause.
    …of Credit, in solicitations and contracts for services, supplies, or construction, when a bid guarantee, or performance bonds, or performance and payment bonds are required.
  • FAR 32.410 Findings, determination, and authorization.
    …t the name of the contractor] (have entered) (propose to enter) into (negotiated) (sealed bid) Contract No. ____, dated ______ [Summarize the specific facts and significant circumstances concerning the contract and the contractor, that, to…
  • FAR 42.1204 Applicability of novation agreements.
    … in performing the contract. (See 14.404-2(l) for the effect of novation agreements after bid opening but before award.) Examples of such transactions include, but are not limited to— (i) Sale of these assets with a provision for assuming …

FAR (chapter 1)

DFARS (chapter 2, Defense)

Source: eCFR, 48 CFR chapters 1 and 2 (GPO GovInfo bulk data) ↗. Rule changes in progress: FAR, DFARS. Terms: glossary.