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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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93 sections with “guarantee”: the first 40

  • 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 32.304-1 Application for guarantee.
    …oan. If the financing institution is willing to extend credit, but considers a Government guarantee necessary, the institution may apply to the Federal Reserve Bank of its district for the guarantee. Application forms and guidance are avail…
  • FAR 32.304-4 Guarantee amount and maturity.
    The agency may change the guarantee amount or maturity date, within the limitations at 32.304-3, as follows: (a) If the contractor enters into additional defense production contracts after the application for, but before authorization of, …
  • FAR 32.304-7 Contract surety bonds and loan guarantees.
    (a) Contract surety bonds are incompatible with the Government's interests under guaranteed loans, unless the interests of the surety are subordinated to the guaranteed loan. (b) If a substantial share of the contractor's defense contracts…
  • FAR 32.305 Loan guarantees for terminated contracts.
    (a) The purpose of guaranteed loans; i.e., to provide for financing based on the borrower's recoverable investment in defense production contracts, may also apply to contracts that have been terminated (partially or totally) for the conveni…
  • 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…
  • DFARS 252.217-7013 Guarantees.
    As prescribed in 217.7104(a), use the following clause: Guarantees (DEC 1991) (a) In the event any work performed or materials furnished by the contractor under the Master Agreement prove defective or deficient within 90 days from the dat…
  • FAR 52.228-17 Individual Surety—Pledge of Assets (Bid Guarantee).
    … 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 meet…
  • FAR 52.247-8 Estimated Weights or Quantities Not Guaranteed.
    …d services when weights or quantities are estimates: Estimated Weights or Quantities Not Guaranteed (APR 1984) The estimated weights or quantities are not a guarantee of actual weights or quantities, as the Government does not guarantee a…
  • FAR 52.247-60 Guaranteed Shipping Characteristics.
    As prescribed in 47.305-16(b)(1), insert the following clause: Guaranteed Shipping Characteristics (AUG 2025) (a) The offeror is requested to complete subparagraph (a)(1) of this clause, for each part or component which is packed or packa…
  • FAR 32.306 Loan guarantees for subcontracts.
    If the request for a loan guarantee concerns a subcontractor that is financially weak in comparison with its contractor, the Government's interests may be fostered by the contractor making progress payments to the subcontractor. If so, the …
  • 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 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.
    …all 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 provi…
  • FAR 32.301 Definitions.
    …orrower means a contractor, subcontractor (at any tier), or other supplier who receives a guaranteed loan. Federal Reserve Board means the Board of Governors of the Federal Reserve System. Guaranteed loan or V loan means a loan, revolving…
  • FAR 32.303 General.
    (a) Section 301 of the Defense Production Act authorizes loan guarantees for contract performance or other operations related to national defense, subject to amounts annually authorized by Congress on the maximum obligation of any guarantee…
  • FAR 32.304-2 Certificate of eligibility.
    …quests it; (2) Another interested agency requests it; or (3) The application for a loan guarantee relates to a contract or subcontract within the cognizance of the contracting officer. (b) The agency shall evaluate the relevant data, inc…
  • FAR 32.304-8 Other borrowing.
    (a) Because of the limitations under guaranteed loans, some contractors seek to supplement the loan by other borrowing (outside the guarantee) from the financing institution or other sources. It has been recognized in practice that, while p…
  • FAR 22.2109 Enforcement of Executive Order 13706 paid sick leave requirements.
    …on to the contractor, take action to cause suspension of any further payment, advance, or guarantee of funds until such violations have ceased; or (ii) Take action to cause suspension of any further payment, advance, or guarantee of funds …
  • FAR 32.106 Order of preference.
    … Government's best interest in a specific case: (a) Private financing without Government guarantee. It is not intended, however, that the contracting officer require the contractor to obtain private financing— (1) At unreasonable terms; o…
  • FAR 32.302 Authority.
    Congress has authorized Federal Reserve Banks to act, on behalf of guaranteeing agencies, as fiscal agents of the United States in the making of loan guarantees for defense production (Section 301, Defense Production Act of 1950 (50 U.S.C. …
  • FAR 32.304-5 Assignment of claims under contracts.
    (a) The agency shall generally require a contractor that is provided a guaranteed loan to execute an assignment of claims under defense production contracts (including any contracts entered into during the term of the guaranteed loan that a…
  • FAR 32.403 Applicability.
    …which a loan by a private financial institution is not practicable, whether or not a loan guarantee under this part is issued; for example, if— (1) Financing institutions will not assume a reasonable portion of the risk under a guaranteed …
  • FAR 42.1204 Applicability of novation agreements.
    …ansferor waives all rights under the contract against the Government; (3) The transferor guarantees performance of the contract by the transferee (a satisfactory performance bond may be accepted instead of the guarantee); and (4) Nothing …
  • FAR 52.228-14 Irrevocable Letter of Credit.
    …ncial institution as provided in paragraph (d) of this clause, and— (1) If used as a bid guarantee, the ILC shall expire no earlier than 60 days after the close of the bid acceptance period; (2) If used as an alternative to corporate or i…
  • FAR 2.101 Definitions.
    … resulting from implementation of such measures during the term of the contract; and (3) Guarantee future energy and cost savings to the Government. Environmentally preferable means, in the case of a product or service, having a lesser or…
  • FAR 14.404-2 Rejection of individual bids.
    …l business concern, see 19.6 with respect to certificates of competency). (j) When a bid guarantee is required and a bidder fails to furnish the guarantee in accordance with the requirements of the invitation for bids, the bid shall be rej…
  • 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 32.102 Description of contract financing methods.
    …yments for a contract termination proposal; or (4) Performance-based payments. (c) Loan guarantees are made by Federal Reserve banks, on behalf of designated guaranteeing agencies, to enable contractors to obtain financing from private so…
  • FAR 32.105 Uses of contract financing.
    …on of contractor-owned facilities or the acquisition of fixed assets. However, under loan guarantees, exceptions may be made for— (1) Facilities expansion of a minor or incidental nature, if a relatively small part of the guaranteed loan i…
  • FAR 32.113 Customary contract financing.
    …ccordance with subpart 32.4. (g) Financing of contracts for supplies or services through guaranteed loans in accordance with subpart 32.3. (h) Financing of contracts for supplies or services through any appropriate combination of advance …
  • FAR 32.202-4 Security for Government financing.
    … (2) A bond from a surety, acceptable in accordance with part 28 (note that the bond must guarantee repayment of the unliquidated contract financing); (3) A guarantee of repayment from a person or corporation of demonstrated liquid net wor…
  • FAR 32.304-3 Asset formula.
    (a) Under guaranteed loans made primarily for working capital purposes, the agency shall normally limit the guarantee, by use of an asset formula, to an amount that does not exceed a specified percentage (90 percent or less) of the contract…
  • FAR 32.304-6 Other collateral security.
    The following are examples of other forms of security that, although seldom invoked under guaranteed loans, may be required when considered necessary for protection of the Government interest: (a) Mortgages on fixed assets. (b) Liens agai…
  • FAR 47.305-16 Shipping characteristics.
    …s of offers and ensure that contractors produce economical shipments of agreed size. (b) Guaranteed shipping characteristics. (1) The contracting officer shall insert in soliciations and contracts, excluding those at or below the simplifie…
  • FAR 52.222-34 Project Labor Agreement.
    …d to whether they are otherwise parties to collective bargaining agreements; (3) Contain guarantees against strikes, lockouts, and similar job disruptions; (4) Set forth effective, prompt, and mutually binding procedures for resolving lab…
  • DFARS 252.217-7005 Inspection and manner of doing work.
    …is defective or not in accordance with the job order, in addition to its rights under the Guarantees clause of the Master Agreement, the Government may reject the defective or nonconforming material or workmanship and require the Contractor…
  • FAR 4.601 Definitions.
    …nd is not intended to apply to Part 16. Entitlement program means a Federal program that guarantees a certain level of benefits to persons or other entities who meet requirements set by law, such as Social Security, farm price supports, or…
  • FAR 9.403 Definitions.
    …, cooperative agreements, scholarships, fellowships, contracts of assistance, loans, loan guarantees, subsidies, insurance, payments for specified use, and donation agreements. See 2 CFR part 180 and agency enacting regulations in 2 CFR sub…

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.