40 U.S.C. · Public Buildings, Property, and Works
40 U.S.C. § 3132

Alternatives to payment bonds provided by Federal Acquisition Regulation

Ch. 31 — GENERAL
Title 40 U.S.C. ● ACTIVE Primary Source Ch. 31
Statutory Text

40 U.S.C. § 3132 — Alternatives to payment bonds provided by Federal Acquisition Regulation

U.S.C. Title 40 - PUBLIC BUILDINGS, PROPERTY, AND WORKS 40 U.S.C. United States Code, 2023 Edition Title 40 - PUBLIC BUILDINGS, PROPERTY, AND WORKS SUBTITLE II - PUBLIC BUILDINGS AND WORKS PART A - GENERAL CHAPTER 31 - GENERAL SUBCHAPTER III - BONDS Sec. 3132 - Alternatives to payment bonds provided by Federal Acquisition Regulation From the U.S. Government Publishing Office, www.gpo.gov

§3132. Alternatives to payment bonds provided by Federal Acquisition Regulation

(a) In General.—The Federal Acquisition Regulation shall provide alternatives to payment bonds as payment protections for suppliers of labor and materials under contracts referred to in section 3131(a) of this title that are more than $25,000 and not more than $100,000. (b) Responsibilities of Contracting Officer.—The contracting officer for a contract shall— (1) select, from among the payment protections provided for in the Federal Acquisition Regulation pursuant to subsection (a), one or more payment protections which the offeror awarded the contract is to submit to the Federal Government for the protection of suppliers of labor and materials for the contract; and (2) specify in the solicitation of offers for the contract the payment protections selected.

(Pub. L. 107–217, Aug. 21, 2002, 116 Stat. 1148.)

Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large)

3132 40:270a note. Pub. L. 103–355, title IV, §4104(b)(2), Oct. 13, 1994, 108 Stat. 3342.

Source: uscode.house.gov — public domain Official Source ↗
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