Get the free Corrective Action Performance Bond. Form CalRecycle 102(c), contained in Title 27, D...
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State of CaliforniaDepartment of Resources Recycling and Recovery (CalRecycle)PERFORMANCE BOND FOR CORRECTIVE ACTION Principal Name: Address: Type of Organization: D Joint Venture D Individual D Partnership
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How to fill out corrective action performance bond
How to fill out corrective action performance bond
01
Start by obtaining the correct form for the corrective action performance bond from the relevant authority or institution.
02
Read the instructions carefully to understand the requirements and ensure you have all necessary documents ready.
03
Fill in your business name, address, and contact information in the designated sections of the form.
04
Provide details about the project or activity that requires the bond, including timelines and descriptions of corrective actions.
05
Include the amount of the bond that you are required to secure, based on the estimated costs of the corrective actions.
06
Obtain signatures from authorized representatives of your organization and any required third parties, such as surety companies.
07
Review the completed form for accuracy and completeness before submission.
08
Submit the filled-out bond form along with any required fees and supplementary documents to the appropriate authority.
09
Keep a copy of the submitted bond for your records.
Who needs corrective action performance bond?
01
Individuals or businesses involved in projects that require corrective actions to comply with regulations.
02
Contractors or service providers who must ensure the completion of corrective actions in case of non-compliance.
03
Entities involved in construction or environmental remediation projects where performance bonds are mandated.
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What is corrective action performance bond?
A corrective action performance bond is a financial guarantee that ensures the completion of corrective actions required to address environmental or safety issues. It serves as a security mechanism to ensure that funds are available for necessary remediation.
Who is required to file corrective action performance bond?
Entities or businesses that are involved in activities that could potentially lead to environmental contamination are usually required to file a corrective action performance bond. This may include industrial facilities, landfills, and any operations subject to environmental regulations.
How to fill out corrective action performance bond?
To fill out a corrective action performance bond, the applicant must provide relevant information such as the name of the principal, the surety company, the amount of the bond, the conditions under which it may be invoked, and any specific corrective actions required by regulatory agencies.
What is the purpose of corrective action performance bond?
The purpose of a corrective action performance bond is to ensure that funds are available to complete necessary environmental remediation actions. It protects the environment and public health by ensuring compliance with corrective action responsibilities.
What information must be reported on corrective action performance bond?
The corrective action performance bond must include the principal's name, the surety's name, the bond amount, the conditions of the bond, and detailed descriptions of the corrective actions required. Additionally, it may require reporting of previous environmental assessments or violations.
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