Title 40 — Public Buildings, Property, and WorksRelease 119-73not60

§3132 Alternatives to Payment Bonds Provided by Federal Acquisition Regulation

Title 40 › Subtitle SUBTITLE II— PUBLIC BUILDINGS AND WORKS › Part A— GENERAL › Chapter 31— GENERAL › Subchapter III— BONDS › § 3132

Last updated Apr 5, 2026|Official source

Summary

Requires the Federal Acquisition Regulation (FAR) to offer other ways to protect suppliers of labor and materials instead of payment bonds for contracts covered by section 3131(a) that cost more than $25,000 and at most $100,000. For each such contract, the contracting officer must pick one or more of those protections, require the company that wins the contract to provide them, and say which protections in the solicitation.

Full Legal Text

Title 40, §3132

Public Buildings, Property, and Works — Source: USLM XML via OLRC

(a)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)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.

Legislative History

Notes & Related Subsidiaries

Historical and Revision Notes

Revised SectionSource (U.S. Code)Source (Statutes at Large) 313240:270a note.Pub. L. 103–355, title IV, § 4104(b)(2), Oct. 13, 1994, 108 Stat. 3342.

Reference

Citations & Metadata

Citation

40 U.S.C. § 3132

Title 40 — Public Buildings, Property, and Works

Last Updated

Apr 5, 2026

Release point: 119-73not60