GroundRules
48 CFR 970.5209-1: 970.5209-1 Requirement for guarantee of performance.
Where this section sits in the code
- Title 48—Federal Acquisition Regulations System
- CHAPTER 9—DEPARTMENT OF ENERGY
- SUBCHAPTER I—AGENCY SUPPLEMENTARY REGULATIONS
- PART 970—DOE MANAGEMENT AND OPERATING CONTRACTS
- Subpart 970.52—Solicitation Provisions and Contract Clauses for Management and Operating Contracts
As prescribed in 970.0970-2, the contracting officer shall insert the following provision in solicitations for management and operating contracts:
Requirement for Guarantee of Performance (DEC 2000)
The successful offeror is required by other provisions of this solicitation to organize a dedicated corporate entity to carry out the work under the contract to be awarded as a result of this solicitation. The successful offeror will be required, as part of the determination of responsibility of the newly organized, dedicated corporate entity and as a condition of the award of the contract to that entity, to furnish a guarantee of that entity's performance. That guarantee of performance must be satisfactory in all respects to the Department of Energy.
(End of clause)
Collected 2026-08-27T02:26:29Z. Source file · JSON