D.C. Municipal Regulations (Last Updated: September 13, 2017) |
Title 27. CONTRACTS AND PROCUREMENT |
Chapter 27-33. CONTRACT COST PRINCIPLES |
Section 27-3331. BONDING COSTS
Latest version.
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3331.1Bonding costs shall be allowable when required under the terms of the contract.
3331.2Bonding costs attributable to the performance of District contracts shall be allowable when required by the contractor in the general conduct of its business to the extent that the bonding is in accordance with sound business practice and the rates and premiums are reasonable under the circumstances.
source
Final Rulemaking published at 35 DCR 1666 (February 26, 1988).