Kentucky Meth Remediation Services Bond Guide
If you’re applying to become a certified methamphetamine cleanup contractor in Kentucky, you’ll likely need this surety bond as financial security.
Bond Overview
- Purpose: To ensure proper completion of meth decontamination services
- Who Needs It: Providers that clean up methamphetamine from properties
- Regulating Body: The Kentucky Energy and Environmental Cabinet
- Required Coverage: $100,000 or $250,000
- Premium Rate: 1–10%, credit-based
Learn all about the bond requirements and process in this guide.
What Is a Kentucky Methamphetamine Remediation Services Bond?
A Kentucky methamphetamine remediation services bond ensures proper clean up and disposal of methamphetamines at inhabitable properties.
This type of license and permit surety bond is also known as a meth contractor bond.
Which Bond Amount Do I Need?
The $100,000 bond allows meth cleanup contractors to clean up Tier 1, 2, or 3 assigned properties. The $250,000 bond is required for Tier 4 properties.
How Much Do Meth Remediation Services Bonds Cost?
Kentucky methamphetamine remediation services bonds cost a small percentage of the required coverage amount, typically 1–10%.
For example, qualified applicants could pay $2,500 for the $250,000 bond. Exact rates vary based on personal credit score.
Apply for your free quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
Who Needs a Methamphetamine Remediation Services Bond?
The Kentucky Energy and Environmental Cabinet requires this bond as part of the licensing process for methamphetamine remediation services providers in the state.
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get a Kentucky methamphetamine remediation services bond. Just follow these quick steps:
- Apply: Submit an online quote request form
- Quote: Receive your quote within one day
- Sign: Complete the indemnity agreement
- Buy: Purchase the bond online 24/7
We’ll email you the bond shortly after purchase. Be sure to file it with the state as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Kentucky Methamphetamine Remediation Services Bond Work?
A methamphetamine remediation services bond creates a legal contract between these three parties:
- Principal: You, the methamphetamine remediation services provider filing the bond
- Obligee: The Kentucky Energy and Environmental Cabinet requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding all applicable laws, rules and regulations.
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you must ultimately refund the surety.
How Do I Renew My Bond?
These bonds expire annually. To renew your methamphetamine remediation services bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.
