§ 1828.102-70 - Solicitation provision.

In accordance with FAR 28.102, except as provided therein, the contracting officer shall insert a provision substantially as stated at 1852.228-74, Payment and Performance Bonds, in construction solicitations where offers are expected to exceed $25,000. The penal amount of the performance bond may be decreased in accordance with FAR 28.102-2(a). The contracting officer may change the word “may” in the first sentence of subparagraphs (a)(2) and (b)(2) to “shall” if the procurement contemplates options or additive items (see 1836.303-70).