SpendQueryBeta

48 CFR · Federal Acquisition Regulation and Defense supplement

FAR and DFARS navigator

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.

Ask the FAR

Try: · · ·

Clear

26 sections with “bid guarantee”

  • 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 52.228-17 Individual Surety—Pledge of Assets (Bid Guarantee).
    …ibed in 28.203-4(a), insert the following provision: Individual Surety—Pledge of Assets (Bid Guarantee) (FEB 2021) (a) Offerors shall obtain from each person acting as an individual surety on a bid guarantee— (1) A pledge of assets that …
  • 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 28.101 Bid guarantees.
  • FAR 14.404-2 Rejection of individual bids.
    (a) Any bid that fails to conform to the essential requirements of the invitation for bids shall be rejected. (b) Any bid that does not conform to the applicable specifications shall be rejected unless the invitation authorized the submiss…
  • FAR 14.405 Minor informalities or irregularities in bids.
    …ly a matter of form and not of substance. It also pertains to some immaterial defect in a bid or variation of a bid from the exact requirements of the invitation that can be corrected or waived without being prejudicial to other bidders. Th…
  • 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 28.001 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 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 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 28.203-1 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 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 28.100 Scope of subpart.
    …ts and procedures for the use of bonds, alternative payment protections, and all types of bid guarantees.
  • 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 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 32.113 Customary contract financing.
    …of part 36. (c) Financing of contracts for supplies or services awarded under the sealed bid method of procurement in accordance with part 14 through progress payments based on costs in accordance with subpart 32.5. (d) Financing of contr…
  • FAR 32.304-2 Certificate of eligibility.
    …rocedure may be followed for the application of an offeror who is actively negotiating or bidding for a defense contract, except that the guarantee shall not be authorized until the contract has been executed. (j) The contracting officer s…
  • 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 …
  • DFARS 247.271-3 Solicitation provisions, schedule formats, and contract clauses.
    …itation provisions and schedules, as appropriate, if using negotiation rather than sealed bidding. Overseas commands, except those in Alaska and Hawaii, may modify these clauses to conform to local practices, laws, and regulations. (a) In …
  • DFARS 252.217-7005 Inspection and manner of doing work.
    … Electrical and Electronic Engineers, in effect at the time of Contractor's submission of bid (or acceptance of the job order, if negotiated). (2) When Navy specifications are specified in the job order, the Contractor shall follow Navy st…

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.