Michigan Solid Waste Disposal Operator Surety Bonds

Landfill owners and operators need to obtain a surety bond.
SuretyGroup.com writes surety bonds for landfill owners and operators.

How much trash did you generate today?

Americans produce more waste than any other country in the world, weighing in at 220 million tons a year. The average person produces 4.4 pounds of waste every day. Some of that may go to recycling or composting, or may be burned for renewable energy. But a lot of the waste ends up in landfills.

When chemicals and gasses from landfills mix with the atmosphere and water sources, it can cause serious environmental and human health problems.

The U.S. Environmental Protection Agency (EPA) requires landfill owners of Municipal Solid Waste Landfills to monitor landfill groundwater for contamination while the landfill is active, and also during the post-closure care. If contamination is detected, then corrective measures must be taken.

The EPA requires owners/operators to show financial assurance that meets the costs of proper closure, post-closure, and necessary corrective actions. Means of financial assurance can be a letter of credit, insurance, a surety bond, or other types of security.

Michigan Surety Bond Amounts

Landfill owners and operators must plan ahead for post-closure regulations.
Landfill owners and operators need to obtain a financial security, such as a surety bond.

The Michigan Department of Environmental Quality (MDEQ) protects the state’s air, land, and water resources to support the environment, the people, and the economy.

The Waste Management and Radiological Protection (WMRPD) is a part of the MDEQ that reviews licenses applications for solid waste disposal operators. A license can’t be granted until financial assurance has been established, which includes surety bonds.

Bond amounts for a Michigan type III landfill, or a preexisting unit at a type II landfill are $20,000 an acre of licensed landfill. The minimum bond amount is $20,000 and the maximum is no more than $1 million.

The bond assures the maintenance of the finished landfill site for 30 years after the landfill is completed.

Bond amounts for a type II landfill in Michigan that is an existing unit or new unit is equal to the cost of hiring a third party to conduct closure, post-closure maintenance and monitoring, and any necessary corrective action.

How Do I Get a Surety Bond?

If you are a landfill owner/operator and need to obtain a surety bond for licensing, contact the Surety Bond Specialists at SuretyGroup.com for a free quote that fits your specific needs. Call 844-432-6637apply online, or email info@suretygroup.com to get started.

 

SuretyGroup.com – Your Online Bond Provider.

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