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.
















No underwriting queue for the standard mitigation bond — enter your amount, pay, and file with EGLE. Here is the whole thing:
Your business details, the mitigation bank name and sponsor information, the bond amount EGLE set, and the effective date — that is the entire application.
No credit check and no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.
Submit the executed bond as the financial assurance your mitigation banking agreement requires. Wet-ink originals mailed whenever the office insists.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the figure EGLE set and the premium updates.
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.
Submit the application with the bond amount EGLE set — the executed bond is generated instantly, ready to file as financial assurance.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
Five-minute application, flat 3%, $275 minimum. Enter the amount EGLE set and file it the same day.