U.S. GSA Standard Form 24 is the federal bid bond used when a solicitation requires bid security. It completes the federal bid / performance / payment trio with SF 25 and SF 25A for contractors responding to federal opportunities that call for Standard Forms.
| Title / common name | SF 24 — Bid Bond |
|---|---|
| Bond type | Contract |
| Industry / license category | Construction / contract surety |
| Jurisdiction | United States (federal) · General Services Administration (GSA) / FAR |
| Obligee | United States / contracting agency named in the solicitation Confirm the obligee caption on the issued bond and in the solicitation instructions. |
| Typical penal sum | Per bid / solicitation documents Often expressed as a percentage of the bid or another amount set in the solicitation / FAR schedule — confirm on the official form fields; do not assume a fixed national percentage. |
| Form number / edition | SF24 · Current Revision Date 10/2023 Authority: FAR (48 CFR) 53.228(a). Bid security for federal solicitations that require SF 24. |
| Effective | As required by the solicitation (submitted with the bid) |
| Source | GSA Forms Library — Bid Bond (SF 24) (official page · PDF download) Also: FAR Part 28 orientation via acquisition.gov FAR 28.102-1 |
| Status | current |
| Last verified | 2026-10-06 |
We do not host the complete bond PDF or licensed form text unless we have rights to do so. Open the Source link above for the official instrument from the issuing agency.