Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 48 - Federal Acquisition Regulations System |
Chapter 12 - Department of Transportation |
SubChapter E - General Contracting Requirements |
Part 1228 - Bonds and Insurance |
Subpart 1228.1 - Bonds and Other Financial Protections |
§ 1228.106-7101 - Exception.
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1228.106-7101 Exception.
A performance and payment bond for the contracts described under (TAR) 48 CFR 1228.106-7100 (a) may be advantageous in view of unusual circumstances arising in connection with such contracts. Requests for the authority to include the requirement for either a performance or payment bond, or both in the contracts described under (TAR) 48 CFR 1228.106-7100 (a) shall be submitted by the contracting officer to the HCA, before a solicitation is issued.