Form 62-330.301(1) Performance Bond to Demonstrate Financial Assurance for Mitigation - Florida

What Is Form 62-330.301(1)?

This is a legal form that was released by the Florida Department of Environmental Protection - a government authority operating within Florida. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 62-330.301(1)?A: Form 62-330.301(1) is a performance bond used in Florida to demonstrate financial assurance for mitigation.

Q: What is the purpose of Form 62-330.301(1)?A: The purpose of Form 62-330.301(1) is to provide financial assurance that mitigation measures will be implemented as required.

Q: Who is required to use Form 62-330.301(1)?A: Entities seeking to demonstrate financial assurance for mitigation in Florida are required to use Form 62-330.301(1).

Q: What does the performance bond cover?A: The performance bond covers the costs of implementing mitigation measures.

Q: How is the performance bond obtained?A: The performance bond can be obtained through a surety bond company or other authorized means.

Q: Are there any specific requirements for the performance bond amount?A: Yes, the performance bond amount must be sufficient to cover the costs of implementing the mitigation measures.

Q: Is Form 62-330.301(1) the only option for demonstrating financial assurance for mitigation in Florida?A: No, there are other options available, such as cash deposits or letters of credit.

Q: Is Form 62-330.301(1) applicable only in Florida?A: Yes, Form 62-330.301(1) is specific to Florida and is used to demonstrate financial assurance for mitigation in the state.