# 48 CFR § 28.103-2: 28.103-2 Performance bonds

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-48-28.103-2

## Section

- **Citation:** 48 CFR § 28.103-2
- **Heading:** 28.103-2 Performance bonds
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 48—Federal Acquisition Regulations System > CHAPTER 1—FEDERAL ACQUISITION REGULATION > SUBCHAPTER E—GENERAL CONTRACTING REQUIREMENTS > PART 28—BONDS AND INSURANCE > Subpart 28.1—Bonds and Other Financial Protections

## Text

(a) Performance bonds may be required for contracts exceeding the simplified acquisition threshold when necessary to protect the Government's interest. The following situations may warrant a performance bond:
(1) Government property or funds are to be provided to the contractor for use in performing the contract or as partial compensation (as in retention of salvaged material).
(2) A contractor sells assets to or merges with another concern, and the Government, after recognizing the latter concern as the successor in interest, desires assurance that it is financially capable.
(3) Substantial progress payments are made before delivery of end items starts.
(4) Contracts are for dismantling, demolition, or removal of improvements.
(b) The Government may require additional performance bond protection when a contract price is increased.
(c) The contracting officer must determine the contractor's responsibility (see subpart 9.1) even though a bond has been or can be obtained.
[48 FR 42286, Sept. 19, 1983, as amended at 60 FR 34759, July 3, 1995; 61 FR 39213, July 26, 1996]

## Nearby sections

- [48 CFR § 28.100 28.100 Scope of subpart.](https://www.frixlaw.com/law-library/statutes/ecfr-48-28.100.md)
- [48 CFR § 28.101-1 28.101-1 Policy on use.](https://www.frixlaw.com/law-library/statutes/ecfr-48-28.101-1.md)
- [48 CFR § 28.101-2 28.101-2 Solicitation provision or contract clause.](https://www.frixlaw.com/law-library/statutes/ecfr-48-28.101-2.md)
- [48 CFR § 28.101-3 28.101-3 Authority of an attorney-in-fact for a bid bond.](https://www.frixlaw.com/law-library/statutes/ecfr-48-28.101-3.md)
- [48 CFR § 28.101-4 28.101-4 Noncompliance with bid guarantee requirements.](https://www.frixlaw.com/law-library/statutes/ecfr-48-28.101-4.md)
- [48 CFR § 28.102-1 28.102-1 General.](https://www.frixlaw.com/law-library/statutes/ecfr-48-28.102-1.md)
- [48 CFR § 28.102-2 28.102-2 Amount required.](https://www.frixlaw.com/law-library/statutes/ecfr-48-28.102-2.md)
- [48 CFR § 28.102-3 28.102-3 Contract clauses.](https://www.frixlaw.com/law-library/statutes/ecfr-48-28.102-3.md)
- [48 CFR § 28.103-1 28.103-1 General.](https://www.frixlaw.com/law-library/statutes/ecfr-48-28.103-1.md)
- [48 CFR § 28.103-2 28.103-2 Performance bonds.](https://www.frixlaw.com/law-library/statutes/ecfr-48-28.103-2.md)
- [48 CFR § 28.103-3 28.103-3 Payment bonds.](https://www.frixlaw.com/law-library/statutes/ecfr-48-28.103-3.md)
- [48 CFR § 28.103-4 28.103-4 Contract clause.](https://www.frixlaw.com/law-library/statutes/ecfr-48-28.103-4.md)
- [48 CFR § 28.104 28.104 Annual performance bonds.](https://www.frixlaw.com/law-library/statutes/ecfr-48-28.104.md)
- [48 CFR § 28.105 28.105 Other types of bonds.](https://www.frixlaw.com/law-library/statutes/ecfr-48-28.105.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-48-28.103-2. Check the current official text before relying on it. Not legal advice.