Health Boards


Encyclopedia


My Profile

Health Boad


Health Jobs


Shopping


Health Tools

Performance Bond

Cash or securities deposited before a landfill operating permit is issued, which are held to ensure that all requirements for operating ad subsequently closing the landfill are faithful performed. The money is returned to the owner after proper closure of the landfill is completed. If contamination or other problems appear at any time during operation, or upon closure, and are not addressed, the owner must forfeit all or part of the bond which is then used to cover clean-up costs.


Selected Performance Bond links:

© 1997-2006 Healthboard.com.   Healthboard.com is a purely informational website, and should not be used as a substitute for professional legal, medical or technical advice.