48 CFR § 28.104 - 28.104 Annual performance bonds.

---
identifier: "/us/cfr/t48/s28.104"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "48 CFR § 28.104 - 28.104   Annual performance bonds."
title_number: 48
title_name: "Federal Acquisition Regulations System"
section_number: "28.104"
section_name: "28.104   Annual performance bonds."
chapter_number: 1
chapter_name: "FEDERAL ACQUISITION REGULATION"
subchapter_number: "E"
subchapter_name: "GENERAL CONTRACTING REQUIREMENTS"
part_number: "28"
part_name: "BONDS AND INSURANCE"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "40 U.S.C. 121(c); 10 U.S.C. chapter 4 and 10 U.S.C. chapter 137 legacy provisions (see 10 U.S.C. 3016); and 51 U.S.C. 20113."
regulatory_source: "48 FR 42286, Sept. 19, 1983, unless otherwise noted."
cfr_part: "28"
---


# 28.104 28.104   Annual performance bonds.

(a) Annual performance bonds only apply to non-construction contracts. They shall provide a gross penal sum applicable to the total amount of all covered contracts.

(b) When the penal sums obligated by contracts are approximately equal to or exceed the penal sum of the annual performance bond, an additional bond will be required to cover additional contracts.