48 C.F.R. § 37.302
37.302 Bonds or other security.
When a contract is solely for dismantling, demolition, or removal of improvements, 40 U.S.C. chapter 31, subchapter III, Bonds, (see 28.102) does not apply. However, the contracting officer may require the contractor to furnish a performance bond or other security (see 28.103) in an amount that the contracting officer considers adequate to (a) ensure completion of the work, (b) protect property to be retained by the Government, (c) protect property to be provided as compensation to the contractor, and (d) protect the Government against damage to adjoining property.
Notes of Decisions
Cited in 1
case, 1987–1987 · leading case: Shore Contractors, Inc. v. Heatherly, 705 F. Supp. 293 (E.D. Va. 1987).
Shore Contractors, Inc. v. Heatherly, 705 F. Supp. 293 (E.D. Va. 1987). “§ 637 (a)(2) or the Miller Act; (2) even if a cause of action does exist, the project was a demolition contract exempt from the two statutes by 48 C.F.R. § 37.302 ; and (3) if Shore has a cause of action against the SBA, the Contract Disputes Act, 41 U.”
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