RSmike, the second sentence covers the raceway.
250.92(A)(3) requires the same.
250.92 Services
(A) Bonding of Services The non–current-carrying metal parts of equipment indicated in 250.92(A)(1), (A)(2), and (A)(3) shall be effectively bonded together.
(3) Any metallic raceway or armor enclosing a grounding electrode conductor as specified in 250.64(B). Bonding shall apply at each end and to all intervening raceways, boxes, and enclosures between the service equipment and the grounding electrode.
This is also explained on pages 126 and 127 of the 9th edition of Soares.
Roger
[This message has been edited by Roger (edited 09-29-2006).]