Township of Perry Holding Tank Bond Guide
If you’re installing a permanent holding tank in Perry Township, Pennsylvania, you’ll likely need this surety bond.
Bond Overview
- Purpose: To ensure funds are available to repair and maintain holding tanks
- Who Needs It: Permanent holding tank owners
- Regulating Body: The Perry Township
- Required Coverage: $1,000
- Premium Rate: $100 for a 1-year term
Learn all about the bond requirements and process in this guide.
What Is a Township of Perry Holding Tank Bond?
The Township of Perry in Pennsylvania requires this bond as part of the licensing process for permanent holding tank owners.
It ensures escrow funds are available for maintenance and repairs on sewage holding tanks.
How Much Do Holding Tank Bonds Cost?
A $1,000 Township of Perry holding tank bond costs a flat rate of $100 for a 1-year term. Or, you can save 25% by selecting a multi-year term.
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How Do I Get My Bond?
With SuretyBonds.com, you can buy your Township of Perry holding tank bond instantly online. Just enter your information and checkout in minutes.
We’ll email you the bond shortly after purchase. Be sure to file it with the Township as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Township of Perry Holding Tank Bond Work?
A holding tank bond creates a legal contract between these three parties:
- Principal: You, the permanent holding tank owner(s) filing the bond
- Obligee: The Perry Township requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding the provisions of The Pennsylvania Sewage Facilities Act.
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 holding tank bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.