Aug '23 (edited) in Questions
Bonds
Most of the solicitations I've been viewing have a requirement for a payment bond; reading the Far clause 28.102-1, my understanding is if I win the award and my bid is lower than 34,999 K, I don't need it. But, if the Contractor has it as a requirement even if the award is less than 34,999K, I'll need to get one.
Am, I correct in assuming that?
Also, if doing as legal middleman, should I use the winning Award as the bond or the price I quote the subcontractor?
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Bonds
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