Virginia Administrative Code
Title 4 - CONSERVATION AND NATURAL RESOURCES
Agency 25 - DEPARTMENT OF ENERGY
Chapter 130 - COAL SURFACE MINING RECLAMATION REGULATIONS
Part 800 - Requirements for Bonding of Surface Coal Mining and Reclamation Operations
Section 4VAC25-130-800.14 - Determination of bond amount
Universal Citation: 4 VA Admin Code 25-130-800-14
Current through Register Vol. 41, No. 9, December 16, 2024
(a) The amount of the bond required for each bonded area shall:
(1) Be determined by the division;
(2) Depend upon the requirements of the approved permit and reclamation plan;
(3) Reflect the probable difficulty of reclamation, giving consideration to such factors as topography, geology, hydrology, and revegetation potential; and
(4) Be based on, but not limited to, the estimated cost of reclamation submitted by the permit applicant.
(b) The amount of the bond shall be sufficient to assure the completion of the reclamation plan if the work has to be performed by the division in the event of forfeiture, and in no case shall the total bond initially posted for the entire area under one permit be less than $10,000.
(c) A permittee's financial responsibility under 4VAC25-130-817.121(c) for repairing material damage resulting from subsidence may be satisfied by the liability insurance policy required under 4VAC25-130-800.60.
Statutory Authority
§§ 45.1-161.3 and 45.1-230 of the Code of Virginia.
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