Home › CFR › Title 43 › Part 545043 CFR Part 5450 — Award of ContractSubpart 5450 — Award of Contract; General§ 5450.1— Pre-award qualifications of high bidder.Subpart 5451 — Bonds§ 5451.1— Minimum performance bond requirements; types.§ 5451.2— Performance bonds in excess of minimum.§ 5451.3— Performance bond reduction.§ 5451.4— Payment bond.Subpart 5452 — Method of Payment§ 5452.1— Cash sales.§ 5452.2— Installment payments.