Foreign Contractor Can’t Avoid Bonding Requirement

Peckar & Abramson – Government construction contracts in excess of $150,000 require contractors to furnish payment and performance bonds. FAR 28.102-1(a). When these bonds are required, bonds supported by corporate sureties must be issued by sureties whose names appear on the Treasury Department Circular 570 list. FAR 28.202(a). However, the Contracting Officer can waive this […]
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