![]() |
Code of Federal Regulations (Last Updated: July 5, 2024) |
![]() |
Title 48 - Federal Acquisition Regulations System |
![]() |
Chapter 18 - National Aeronautics and Space Administration |
![]() |
SubChapter E - General Contracting Requirements |
![]() |
Part 1828 - Bonds and Insurance |
![]() |
Subpart 1828.1 - Bonds |
§ 1828.101-70 - NASA solicitation provision.
Latest version.
-
The contracting officer shall insert the provision at 1852.228–73, Bid Bond, in construction solicitations where offers are expected to exceed $100,000 and a performance bond or a performance and payment bond is required (see FAR 28.102 and 28.103). The contracting officer may increase the amount of the bid bond to protect the Government from loss, as long as the amount does not exceed $3 million.