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   <concept id="DFARS_228.102-1"
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         <ph props="autonumber" class="- topic/ph ">228.102-1</ph> General.</title>
      <conbody class="- topic/body  concept/conbody ">
         <p class="- topic/p ">The requirement for performance and payment bonds is waived for cost-reimbursement contracts. However, for cost-type contracts with fixed-price construction subcontracts over $40,000, require the prime contractor to obtain from each of its construction subcontractors performance and payment protections in favor of the prime contractor as follows:</p>
         <p outputclass="List2" class="- topic/p ">(1) For fixed-price construction subcontracts over $40,000, but not exceeding $150,000, payment protection sufficient to pay labor and material costs, using any of the alternatives listed at FAR 28.102-1(b)(1).</p>
         <p outputclass="List2" class="- topic/p ">(2) For fixed-price construction subcontracts over $150,000—</p>
         <p outputclass="List3" class="- topic/p ">(i) A payment bond sufficient to pay labor and material costs; and</p>
         <p outputclass="List3" class="- topic/p ">(ii) A performance bond in an equal amount if available at no additional cost.</p>
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