§4856. Efficiency in contracting
(a) Bonuses and penalties
The Director of the Office of Foreign Buildings shall provide for a contract system of bonuses and penalties for the diplomatic construction program funded pursuant to the authorizations of appropriations provided in this subchapter. Not later than 3 months after August 27, 1986, the Director shall submit a report to the Congress on the implementation of this section.
(b) Surety bonds and guarantees
The Director of the Office of Foreign Buildings shall require each person awarded a contract for work under the diplomatic construction program to post a surety bond or guarantee, in such amount as the Director may determine, to assure performance under such contract.
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Editorial Notes
References in Text
This subchapter, referred to in subsec. (a), was in the original "this title", meaning title IV of
Amendments
2007-Subsec. (c).
Statutory Notes and Related Subsidiaries
Authority of Secretary of State
Except as otherwise provided, Secretary of State to have and exercise any authority vested by law in any official or office of Department of State and references to such officials or offices deemed to refer to Secretary of State or Department of State, as appropriate, see section 2651a of this title and section 161(d) of