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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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23 sections with “guarantee period”

  • 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 52.228-1 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 28.101-2 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 32.304-8 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 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 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 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 16.505 Ordering.
    …dered for the original order. (D) It is necessary to place an order to satisfy a minimum guarantee. (E) For orders exceeding the simplified acquisition threshold, a statute expressly authorizes or requires that the purchase be made from a…
  • FAR 28.001 Definitions.
    …as responded to a solicitation, including an offeror under a negotiated acquisition. Bid guarantee means a form of security assuring that the bidder (1) will not withdraw a bid within the period specified for acceptance and (2) will execut…
  • FAR 28.203-3 Release of security interest.
    …r 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 the in…
  • FAR 28.204-3 Irrevocable letter of credit.
    …eriod 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 or …
  • FAR 32.408 Application for advance payments.
    … used under agency procedures. (5) A description of the contractor's efforts to obtain unguaranteed private financing or a V-loan (see 32.301) under eligible contracts. This requirement is not applicable to the contract types described in …
  • FAR 47.207-3 Description of shipment, origin, and destination.
    …tracting officer shall insert the clause at 52.247-8, Estimated Weights or Quantities Not Guaranteed, when weights or quantities are estimates.
  • FAR 49.402-3 Procedure for default.
    …(6) The effect of a termination for default on the ability of the contractor to liquidate guaranteed loans, progress payments, or advance payments. (7) Any other pertinent facts and circumstances. (g) If, after compliance with the procedu…
  • FAR 49.603-3 Cost-reimbursement contracts—complete termination, if settlement includes cost.
    …bilities of the parties, arising under the contract or otherwise, and concerning defects, guarantees, or warranties relating to any articles or component parts furnished to the Government by the Contractor under the contract or this agreeme…
  • FAR 50.103-4 Facts and evidence.
    …tractor and its affiliates, stockholders, and partners, including loans to the contractor guaranteed by any stockholder or partner. (14) A list of all salaries, bonuses, and other compensation paid or furnished to the principal officers or…
  • FAR 52.222-62 Paid Sick Leave Under Executive Order 13706.
    …ion to the Contractor take action to cause suspension of any further payment, advance, or guarantee of funds until such violations have ceased. (2) Any failure to comply with the requirements of this clause may be grounds for termination f…
  • FAR 52.228-15 Performance and Payment Bonds—Construction.
    …rance 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 oth…
  • DFARS 204.2104 Waivers.
    … Congressional defense committees that— (1) There are sufficient mitigations in place to guarantee the ability of the Secretary to carry out the covered missions; and (2) The Secretary is removing the use of covered defense telecommunicat…
  • DFARS 232.072-2 Appropriate information.
    …) Pending claims either by or against the contractor; (v) Contingent liabilities such as guarantees, litigation, environmental, or product liabilities; (vi) Validity of accounts receivable and actual value of inventory, as assets; and (v…
  • DFARS 232.104 Providing contract financing.
    …ined that— (1) The use of customary contract financing (see FAR 32.113), other than loan guarantees and advance payments, is in DoD's best interest; and (2) Further justification of its use in individual acquisitions is unnecessary.

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.