StacksVerified U.S. regulatory reference

48 CFR §28.104

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)Annual performance bonds only apply to non-construction contracts. They shall provide a gross penal sum applicable to the total amount of all covered contracts.
  2. (b)When the penal sums obligated by contracts are approximately equal to or exceed the penal sum of the annual performance bond, an additional bond will be required to cover additional contracts.