Iowa Appliance Dismantler Bond Guide
If you’re applying to become an appliance demanufacturer or recycler in Iowa, you’ll need this surety bond.
Bond Overview
- Purpose: To ensure the proper removal and disposal of discarded appliance components
- Who Needs It: Discarded appliance demanufacturers in Iowa
- Regulating Body: The Iowa Department of Natural Resources
- Required Coverage: $1,000–$10,000
- Premium Rate: 1–10% of the bond amount, credit-based
Learn all about the bond requirements and process in this guide.
What Is an Iowa Appliance Dismantler Bond?
An Iowa appliance dismantler bond is required to receive an appliance demanufacturing permit (ADP) for a solid waste management facility.
The Iowa Department of Natural Resources (DNR) requires this bond to enforce safe disposal and recycling of the following hazardous materials:
- Electrical parts containing polychlorinated biphenyls (PCBs)
- Appliance components containing mercury
- Refrigerants from discarded appliances
How Much Do Appliance Dismantler Bonds Cost in Iowa?
The DNR will determine your bond amount based on current closure costs. Premiums cost a small percentage of the bond coverage, typically 1–10%.
For example, with excellent credit you could pay just $100 for a $10,000 Iowa appliance dismantler bond. Apply for your free, personalized quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
Who Needs an Appliance Dismantler Bond?
Discarded appliances must be properly demanufactured before being recycled or sent to landfills in Iowa.
This includes any household or commercial appliances with mercury, refrigerants or PCB-containing capacitors
Any person or business applying for an ADP permit must file this bond or another form of financial assurance with the Department of Natural Resources.
How Does an Iowa Appliance Dismantler Bond Work?
As with all surety bonds, an appliance dismantler bond creates a legal contract between three parties:
- Principal: You, the solid waste facility owner(s) filing the bond
- Obligee: The Iowa Department of Natural Resources requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding Iowa Administrative Code 567 Chapter 118.
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you are ultimately responsible for refunding the surety.
How Do I Renew My Bond?
To renew your appliance dismantler bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.
