FAR 28.103-3 Payment bonds

Subsection Federal Acquisition Regulation

Facts

Citation
FAR 28.103-3
Type
Subsection
Proposed changes
1
Text as of
FAC 2026-01
Official text
acquisition.gov

Text from acquisition.gov. Federal Register history from the Federal Register's records of the rules that amended this subsection.

Text

(a) A payment bond is required only when a performance bond is required, and if the use of payment bond is in the Government’s interest.

(b) When a contract price is increased, the Government may require additional bond protection in an amount adequate to protect suppliers of labor and material.

Proposed changes

Proposed rule Published Comments
Federal Acquisition Regulation: Revolutionary Federal Acquisition Regulation Overhaul Parts 14, 28, 36, and 52 91 FR 59534 · FAR Case 2026-010, Docket No. FAR-2026-0010, Sequence No. 1 Closed Oct 19, 2026No final rule found

Quick answers

What is FAR 28.103-3?

FAR 28.103-3 is a subsection of the Federal Acquisition Regulation, titled "Payment bonds".

Are changes to FAR 28.103-3 proposed?

One proposed change has no final rule yet.

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