Michigan Scrap Tire Collection Site Bond
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How much will my scrap tire collector bond cost?
Michigan registered scrap tire collection site performance bond amounts will vary based on the size of the tire collection site. The cost of this specific bond is subject to underwriting and will depend on the applicant’s financial record.
Let our experts get you set up with the surety bond you need! Give us a call at 1 (800) 308-4358 or submit an online application.
Why do I need this bond?
Michigan registered scrap tire collection site performance bonds ensure that scrap tire collectors adhere to the terms set in Part 169, Scrap Tires, of the Natural Resources and Environmental Protection Act, 1994 PA 451, as amended. Under these terms, the scrap tire collector must provide financial assurance for cleanup and/or removal of scrap tires, for other costs of cleanup at the collection site, for costs of fire suppression and for costs associated with responding to a fire or an emergency at a collection site.
Ready to get bonded? Submit a bond request and one of our surety bond experts will contact you right away to get you the bond you need.
What’s the fine print?
Michigan registered scrap tire collection site performance bonds are continuous until canceled. The state requires 120 days’ notice from the surety prior to cancellation.
Applicants must know their Scrap Tire Collection Site Registration or Waste Data System number. Applicants must also provide the legal description of the Registered Tire Storage area, which is identified on the annual site registration form. The square footage of the scrap tire storage area and the type of business entity must also be known.
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