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Minnesota asphalt recovery facility bonds.
From $100.

The Minnesota Pollution Control Agency treats a facility that stockpiles and reprocesses salvaged bituminous, millings, or tear-off shingles as a solid waste management facility and takes financial assurance, such as a surety bond, so the site is closed if the operator cannot do it. Our premium is 0.5% of the bond amount, $100 minimum.

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Runs to the Minnesota Pollution Control Agency as obligee — the commissioner calls the bond, not a private party
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Backs closure, postclosure care, or corrective action at the recovery site under the agency’s financial-assurance rules
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No credit check up to $100,000 — above that, a soft pull at most, which never affects your score
From $1000.5% of the bond amount, $100 minimumNo credit check up to $100,000above that, a soft pull at most, never a hard inquiryInstantissued the moment you pay
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does a Minnesota asphalt recovery facility bond cost?

0.5% of the bond amount, from $100. Enter your amount in the calculator for the exact price.

How it works

Three steps. One sitting.

The agency side of a solid waste file takes as long as it takes. The bond does not — once you know the cost-estimate figure, this is the fastest document in the folder:

TODAY · ONLINE

Apply online

Your business details, the bond amount your permit or closure document names, and an effective date. That is the application. No credit check up to $100,000.

INSTANTLY

Pay & e-sign

Your price is final at checkout — 0.5% of the bond amount, with a $100 minimum. No credit check up to $100,000, and most applications approve instantly. No credit check up to $100,000.

SAME DAY

File it with the agency

Your executed bond and power of attorney arrive by email, ready to file with the MPCA — or with your county solid waste office if your facility sits in a metropolitan county that licenses it. Wet-ink originals mailed on request.

About this bond

What it is and who needs it.

What the asphalt recovery bond actually guarantees

Recovered asphalt is a genuinely valuable material in Minnesota — the MPCA’s own beneficial-use rule gives salvaged bituminous a standing determination when it substitutes for conventional aggregate under MnDOT Standard Specifications, and gives the same standing to manufactured shingle scrap and ground tear-off shingle scrap used in asphalt pavement or road subbases. Up to five percent of the weight of plant-mixed asphalt on Minnesota roads may come from recycled shingles. None of that changes the fact that the material arrives as solid waste and sits on your ground until it moves.

That pile is what the bond is about. Minnesota’s solid waste rules require the owner or operator of a facility to carry financial assurance for closure, postclosure care, and corrective action, sized to an approved cost estimate, so that a stalled or abandoned site does not become a public expense. A surety bond guaranteeing performance is one of the accepted mechanisms; a bond guaranteeing payment into a trust fund, a trust fund, a letter of credit, and certain commissioner-approved alternatives are the others.

It is not insurance for you. If the surety performs or pays, you reimburse the surety. The bond runs to the commissioner of the Pollution Control Agency, the surety must be a company listed as acceptable on federal bonds in U.S. Treasury Circular 570, and a cancellation does not take effect until 120 days after the commissioner receives the notice — the agency is deliberately given a long runway to force a replacement before the assurance disappears.

Minn. Stat. 116.07, subd. 4h · Minn. R. 7035.2665–7035.2805 · MPCAMinnesota Statutes section 116.07, subdivision 4h(a) directs the Pollution Control Agency to adopt rules requiring a solid waste facility’s owner or operator to submit proof of financial capability for response, closure, and postclosure care. Those rules are Minnesota Rules parts 7035.2665 through 7035.2805: part 7035.2685 governs the cost estimates for closure, postclosure care, and corrective action; part 7035.2695 states what assurance is required; part 7035.2735 is the surety bond guaranteeing performance and part 7035.2725 the surety bond guaranteeing payment into a trust fund. Under part 7035.2735 the penal sum must at least equal the sum of the current cost estimates, must be increased within 60 days of an increase in the estimates, and the bond is written to the commissioner of the agency with payments directed into a standby trust fund; the surety must appear on U.S. Treasury Circular 570, and cancellation is not effective until 120 days after the commissioner receives notice. Separately, part 7035.2845 requires a recycling facility to file a notification form with the commissioner before it begins operating, within 30 days of relocating, and 30 days before it ceases; part 7035.0300, subpart 30 counts bituminous concrete as demolition debris; and part 7035.2860 gives standing beneficial-use determinations to salvaged bituminous used as an aggregate substitute under MnDOT specifications and to shingle scrap used in asphalt pavement or road subbases. In the seven-county metropolitan area, Minnesota Statutes section 473.811, subdivision 5a requires counties to establish solid waste facility standards by ordinance and to require permits or licenses and county registration, so your obligee and your required amount may come from the county rather than from the MPCA. Confirm the figure on your own permit, closure document, or county license before you buy — enter that number here and we will issue to it.

You need this bond if you are

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Permitting or licensing an asphalt recovery site and the agency or county has asked for financial assurance
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Renewing an existing facility file after your closure cost estimate was re-approved at a higher number
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Replacing a letter of credit or trust fund with a surety bond to free up bank collateral
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Replacing a cancelled surety inside the notice window before your assurance lapses
After you buy

Claims, renewal, filing, and what sets the price.

If a claim is made

A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.

The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The premium covers a one-year term from the effective date you choose.

Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.

How to file it

File it with the agency. Your executed bond and power of attorney arrive by email, ready to file with the MPCA — or with your county solid waste office if your facility sits in a metropolitan county that licenses it. Wet-ink originals mailed on request.

What sets the price

The premium is 0.5% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.

No credit check up to $100,000. Above that, the carrier may run a soft pull, which never affects your score.

Where a check runs, it decides approval; the rate is the same for everyone approved.

One application, issued instantly.

These are the actual issuing fields. No credit check up to $100,000. Enter the amount your permit or license names and your exact price is set at the application from a $100 minimum.

Start the application →
FAQ

Common questions.

How much is the Minnesota asphalt recovery facility bond?Our premium is priced at 0.5% of the bond amount, with a $100 minimum. The bond amount is not ours to choose — it comes from the approved cost estimate in your permit, closure document, or county license. Enter that figure and the exact price appears at the application.
What amount should I enter?Whatever your file requires. Under the MPCA’s rules the penal sum has to at least equal the sum of your current approved cost estimates for closure, postclosure care, and corrective action, and the estimates are re-approved over time. If you are in a metropolitan county, the county license may name the number instead. Ask the agency or county staff who handles your file before you buy — a bond written for the wrong penal sum gets rejected and has to be reissued.
What does the bond guarantee?That closure, postclosure care, or corrective action at the site actually gets done, or that alternate financial assurance is put in place after a cancellation. If the operator does not perform, the surety performs or pays into a standby trust fund at the commissioner’s direction. It protects the public from inheriting a stranded pile — it is not coverage for your own losses, and if the surety pays you reimburse the surety.
Where do I file it?With the Minnesota Pollution Control Agency, unless your facility sits in a metropolitan county whose ordinance licenses solid waste facilities — in that case the county office that issued the license takes the filing. Your executed bond and power of attorney arrive by email in a form you can hand straight to either one, and we mail a wet-ink original on request.
Is there a credit check?No credit check up to $100,000. Above that, the carrier may run a soft pull, which never affects your score. Most applications approve instantly. Your price does not move at checkout.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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Price and requirements checked on the carrier’s application, . Page updated .

Close the financial-assurance line on your permit.

Premiums from $100, no credit check up to $100,000, and the bond issues the moment you pay. Enter your approved cost-estimate figure and file the same day. Free until issued.

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