§ 800.12 - Form of the performance bond.

§ 800.12 What types Form of performance bond are acceptable?

(a) Except as provided in paragraphs (b) through (d) of this section, the regulatory authority may allow you to post any of the following types of performance bond:

(1

the performance bond.

The regulatory authority shall prescribe the form of the performance bond. The regulatory authority may allow for:

(a) A surety bond;

(

2

b) A collateral bond;

(

3

c) A self-bond; or

(

4

d) A combination of any of these

types of performance bond.

(b) An alternative bonding system approved under § 800.9 of this part may accept either more or fewer types of performance bond than those listed in paragraph (a) of this section.

(c) To guarantee long-term treatment of a discharge under § 800.18 of this part, the regulatory authority may accept a -

(1) Financial assurance;

(2) Collateral bond; or

(3) Surety bond.

(d) The regulatory authority may accept any type of performance bond listed in paragraph (a) of this section, other than a self-bond, to guarantee restoration of the ecological function of a perennial or intermittent stream under §§ 780.28(e) and (g), 784.28(e) and (g), 816.57(g), and 817.57(g) of this chapter.

bonding methods.

[48 FR 32959, July 19, 1983, as amended at 81 FR 93381, Dec. 20, 2016; 82 FR 54972, Nov. 17, 2017]