Hazardous waste bond cost
If you manage contiguous land, structures and other appurtenances that treat, store or dispose of hazardous waste, you are required to post a surety bond.
These bonds have a varying amount. Bond amounts are determined by the Commissioner of the Department of Environmental Conservation.
Be advised, having your given bond amount at hand when speaking with a surety expert can speed up your bonding process.
Why this bond
By posting a bond, the principal guarantees to faithfully fund the standby trust funds (in the amount prescribed by the Commissioner of the Department of Environmental Conservation) prior to the beginning of final closure of each hazardous waste facility.
Hazardous waste bond details
All bonds will remain in full force unless canceled by the surety. If the surety chooses to cancel a bond, a written cancellation notice must be mailed to the Commissioner of the Department of Environmental Conservation and the principal 90 days prior to the deemed cancellation date.
Become a hazardous waste facility
Licensing requirements differ for each specified hazardous facility license type.
For specific information on what is needed for your license approval, contact the Department of Environmental Conservation.
Apply for your surety bond
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