FAR 37.302 Bonds or other security
Section Federal Acquisition Regulation
Facts
- Citation
- FAR 37.302
- Type
- Section
- Last amended
- 79 FR 24192 Effective May 29, 2014
- 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 section.
Text
When a contract is solely for dismantling, demolition, or removal of improvements,40 U.S.C. chapter 31, subchapter III, Bonds, (see 28.102) does not apply. However, the contracting officer may require the contractor to furnish a performance bond or other security (see 28.103) in an amount that the contracting officer considers adequate to-
(a) Ensure completion of the work;
(b) Protect property to be retained by the Government;
(c) Protect property to be provided as compensation to the contractor; and
(d) Protect the Government against damage to adjoining property.
Federal Register history
Proposed changes
| Proposed rule | Published | Comments |
|---|---|---|
| Federal Acquisition Regulation: Revolutionary Federal Acquisition Regulation Overhaul Parts 6, 7, 10, 18, 26, 37, and 41 | Closed Jul 23, 2026No final rule found |
Sections cited
- FAR 28.102 Performance and payment bonds and alternative payment protections for construction contracts
- FAR 28.103 Performance and payment bonds for other than construction contracts
Quick answers
What is FAR 37.302?
FAR 37.302 is a section of the Federal Acquisition Regulation, titled "Bonds or other security".
When was FAR 37.302 last changed?
The most recent final rule on record is "Federal Acquisition Regulation; Positive Law Codification of Title 41" (79 FR 24192), published Apr 29, 2014 and effective May 29, 2014.
Are changes to FAR 37.302 proposed?
One proposed change has no final rule yet.
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