https://www.gao.gov/products/129015

B-221571: Jan 31, 1986

GAO reviewed the Air Force's increased use of bond requirements in solicitations for housekeeping services. GAO found that: (1) although a bonding requirement may restrict competition, it can be a necessary and proper means of securing a contractor's obligations; (2) a performance bond may be required in a nonconstruction contract when necessary to protect the government's interest; (3) it is with...

https://www.gao.gov/products/457297

B-221571: Jan 31, 1986

THE DECISION AS TO WHETHER TO REQUIRE BONDS SHOULD BE LEFT TO THE CONTRACTING AGENCY SINCE IT IS BEST SITUATED TO DETERMINE WHETHER IN A PARTICULAR PROCUREMENT THE CONTRACTOR'S OBLIGATIONS NEED TO BE SECURED. MASSACHUSETTS 01701 THIS IS IN RESPONSE TO YOUR LETTER OF DECEMBER 31. YOU CONTEND THAT BONDING REQUIREMENTS RESTRICT COMPETITION BECAUSE IT IS VIRTUALLY IMPOSSIBLE FOR BONA FIDE SMALL BUSINE...