MI wetland mitigation site bonds.
Flat 3%. Enter your amount.

A wetland mitigation bank sponsor in Michigan may be required to post financial assurance to guarantee the bank under Part 303 of NREPA, administered by EGLE. A surety bond is one accepted form — we issue it at a flat 3% with no credit check.

Financial assurance under Part 303, Wetlands Protection, of NREPA (1994 PA 451) administered by EGLE
Guarantees the mitigation banking agreement — establishing and maintaining the bank’s wetlands
Flat 3%, no credit pull — enter the amount EGLE set and the premium updates
Flat 3%of your bond amount$275minimum premiumNo creditcheck to issue
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NYCEDC
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McKinney
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JLL
Triple Five
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How it works

Apply to filed in one sitting.

No underwriting queue for the standard mitigation bond — enter your amount, pay, and file with EGLE. Here is the whole thing:

TODAY · 5 MINUTES

Apply online

Your business details, the mitigation bank name and sponsor information, the bond amount EGLE set, and the effective date — that is the entire application.

INSTANTLY

Issued on the spot

No credit check and no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.

SAME DAY

File with EGLE

Submit the executed bond as the financial assurance your mitigation banking agreement requires. Wet-ink originals mailed whenever the office insists.

The whole pricing page.

Bond amount × 3% = your premium, one-time, $275 minimum. Enter the figure EGLE set and the premium updates.

$10,000 bond
$300
$25,000 bond
$750
$50,000 bond
$1,500
About this bond

What it is and who needs it.

What the mitigation site bond actually covers

Michigan’s wetland program runs under Part 303, Wetlands Protection, of NREPA (1994 PA 451), administered by EGLE. A person who establishes and operates a wetland mitigation bank enters a written mitigation banking agreement with EGLE before construction or any sale or use of credits.

Under Part 303 and its rules, EGLE may require a sponsor to provide financial assurance to guarantee compliance with permit and agreement conditions. A surety bond is one accepted form of that assurance — it backs the establishment, construction, and management obligations of the bank.

Because mitigation banks must be maintained over the long term, the bond stands behind your obligations until EGLE releases it under the agreement. If you fail to perform, EGLE can recover against the bond; if the surety pays, you repay the surety. Enter the amount EGLE set, and we issue at a flat 3% with no credit check.

NREPA Part 303 (1994 PA 451)Michigan wetland mitigation banks operate under Part 303, Wetlands Protection, of the Natural Resources and Environmental Protection Act, 1994 PA 451, administered by EGLE. A bank sponsor enters a written mitigation banking agreement and may be required to provide financial assurance — including a surety bond — to guarantee compliance. The amount is set in the agreement; confirm yours with EGLE.

You need this bond if you are

A wetland mitigation bank sponsor entering an agreement with EGLE under Part 303
Posting financial assurance EGLE requires before construction or credit sales
Establishing or expanding a bank that needs a guarantee of performance
Replacing a non-renewed bond to keep your mitigation banking agreement in good standing

Five minutes, issued on the spot.

Submit the application with the bond amount EGLE set — the executed bond is generated instantly, ready to file as financial assurance.

Start the application →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the Michigan wetland mitigation site bond? +
The premium is a flat 3% of the bond amount, with a $275 minimum. The amount itself is set by EGLE in your mitigation banking agreement as the financial assurance it requires. Enter that figure and the quote updates.
Who requires this bond? +
EGLE may require it under Part 303 of NREPA (1994 PA 451) as financial assurance for a wetland mitigation bank. A surety bond is one accepted form, alongside other instruments EGLE accepts.
Is a bond always required? +
Not always — Part 303 says an applicant "may be required" to provide financial assurance. When EGLE requires it for your bank, the amount is set in your mitigation banking agreement. Confirm with EGLE if you are unsure whether yours applies.
Is there a credit check? +
No — the mitigation site bond is issued with no credit pull. Larger bond amounts may get a quick soft-pull review, which never affects your credit score.
What does the bond protect against? +
It guarantees your compliance with the mitigation banking agreement — establishing, constructing, and managing the bank as required. If you fail to perform, EGLE can recover against the bond, and if the surety pays, you repay the surety.
Related bonds

Other New York bonds.

Mitigation site bond, issued today.

Five-minute application, flat 3%, $275 minimum. Enter the amount EGLE set and file it the same day.

Your premium @ 3%$750
Apply now →