What is a Florida Hazardous Waste Bond?

Protect the environment through this surety bond!

Florida Hazardous Waste BondThere are several types of hazardous waste bond that an owner or operator of a hazardous waste facility is mandated to obtain. These are the following:

Closure Trust Fund Surety Bond – guaranteeing payment into the closure trust fund

Performance of Closure Surety Bond – guaranteeing performance of closure of the hazardous waste facility

Post-Closure Trust Fund Surety Bond – guaranteeing payment into the post-closure trust fund

Performance of Post-Closure Surety Bond – guaranteeing performance of post-closure of the hazardous waste facility

Sudden Accidental Occurrences Surety Bond – covers any injuries and property damage to third parties due to sudden accidental occurrences in the facility

Nonsudden Accidental Occurrences Surety Bond – covers any injuries and property damage to third parties due to non-sudden accidental occurrences in the facility

A breach of the relevant laws and rules pertaining to the closure, post-closure, or accidental occurrences committed by the hazardous waste facility will result in a bond claim.

 

What is the Hazardous Waste Bond amount?

Closure Trust Fund Surety Bond & Performance of Closure Surety Bond – the bond amount must be equal to the current closure cost estimate

Post-Closure Trust Fund Surety Bond & Performance of Post-Closure Surety Bond – the bond amount must be equal to the current post-closure cost estimate

Sudden Accidental Occurrences Surety Bond – the bond amount is $1,000,000 per occurrence or an annual aggregate of $2,000,000

Nonsudden Accidental Occurrences Surety Bond – the bond amount is $3,000,000 per occurrence or an annual aggregate of $6,000,000

If you have a stellar credit score, you will be eligible for a low bond premium.

Get your FREE SURETY BOND QUOTE RIGHT HERE!

 

How can I get a Hazardous Waste Bond?

Here’s how to get bonded:

  1. You have to send an application to us. If you are ready to do that now, you may APPLY HERE!
  2. After we have received your application, we will ask you to submit the necessary information needed for the underwriting process. These are the following:
  • Your financial capability
  • Your business or job performance history
  • Your credit score

An expert underwriter will carefully evaluate all three in order to attain the best credit decision possible. To avoid any delay, the information that you should submit should be organized and concise.

  1. Your surety bond will be issued and sent to you!

 

What are the surety bond conditions?

Ready to start on your bond? APPLY HERE!

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