28.106-1
Bonds and bond-related forms
Use the designated Standard and Optional Forms for all bond and bond-related requirements in federal contracts, following each form's instructions to ensure compliance.
Overview
FAR 28.106-1 specifies the required Standard Forms (SFs) and Optional Forms (OFs) that must be used for bonds and bond-related matters in government contracting, except in foreign countries. These forms cover bid bonds, performance bonds, payment bonds, individual sureties, reinsurance agreements, and related consents. The regulation mandates the use of each form as directed in its instructions, ensuring uniformity and compliance in the administration of bonds for federal contracts. The section lists each form by name and number, referencing related FAR sections for further guidance on their use.
Key Rules
- Mandatory Use of Standard and Optional Forms
- Contracting officers and contractors must use the specified SFs and OFs for all bond and bond-related requirements, except in foreign countries.
- Form-Specific Instructions
- Each form must be completed and submitted according to the instructions provided with the form and as referenced in related FAR sections.
Responsibilities
- Contracting Officers: Ensure the correct forms are used and properly completed for each bond requirement; verify compliance with form instructions and related FAR references.
- Contractors: Submit the required bond forms as specified in solicitations and contracts, following all instructions and deadlines.
- Agencies: Oversee the proper administration and recordkeeping of bond forms and related documentation.
Practical Implications
- This section standardizes the documentation process for bonds, reducing confusion and ensuring legal sufficiency.
- Failure to use the correct forms or follow instructions can result in delays, noncompliance, or rejection of bids and contract awards.
- Contractors should familiarize themselves with each form and its requirements to avoid administrative errors.