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VA terminal operator bonds.
From $15,000 for the $2,000,000 statutory bond.

A motor-fuel terminal operator in Virginia is licensed and bonded through the DMV under the Fuels Tax Act. Code of Virginia § 58.1-2211 fixes the terminal-operator bond at $2,000,000. Our carrier quotes 0.75% of the bond amount, $15,000, and your exact premium is confirmed in the application. A bond this size gets a quick underwriter review.

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Filed with Virginia DMV under the Fuels Tax Act (Code of Virginia § 58.1-2211)
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Amount fixed by statute — $2,000,000 for a terminal operator under § 58.1-2211(A)(1)
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From $15,000, 0.75% of the bond amount — confirmed in the application before you pay
From $15,0000.75% of bond amount$2,000,000fixed by § 58.1-2211Quick reviewfor a bond this size
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Apply to filed in one sitting.

One short application for the $2,000,000 terminal-operator bond — apply, clear a quick underwriter review, pay, and file with DMV:

TODAY · ONLINE

Apply online

Your business details, the $2,000,000 bond amount, and the effective date — that is the entire application.

QUICK REVIEW

Reviewed, then issued

A $2,000,000 bond gets a quick underwriter review before it issues. Any credit check is a soft pull that never affects your score.

SAME DAY

File with DMV

Submit the executed bond with your terminal-operator license. Wet-ink originals mailed whenever DMV insists on them.

About this bond

What it is and who needs it.

What the terminal-operator bond covers

Virginia taxes motor fuel under the Virginia Fuels Tax Act, administered by the DMV. A terminal operator owns or controls a fuel terminal — a bulk storage and distribution facility — and is licensed and bonded for the tax on fuel that moves through it.

Under Code of Virginia § 58.1-2211, the bond is conditioned on compliance with the Fuels Tax Act and payable to the Commonwealth. Subsection A(1) fixes the amount: $2,000,000 for a terminal operator, the same figure it sets for position-holder suppliers, bonded importers, and permissive suppliers. The statute offers no reduced alternative; a certificate of deposit in the same amount is the only substitute.

The bond stands behind the fuels tax tied to your terminal — if the tax is not remitted, the state can recover against it. Our carrier quotes 0.75% of the bond amount, which is $15,000 at $2,000,000, and an underwriter reviews a bond this size quickly.

Code of Virginia § 58.1-2211 (Fuels Tax Act)Under § 58.1-2211, terminal operators must file a bond or certificate of deposit conditioned on compliance with the Virginia Fuels Tax Act, payable to the Commonwealth. Subsection A(1) sets the amount at $2,000,000 for a terminal operator, a supplier who is a position holder or receives fuel in a two-party exchange, a bonded importer, and a permissive supplier.

You need this bond if you are

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A licensed terminal operator filing a bond with DMV under the Fuels Tax Act
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Applying for a terminal-operator license that DMV conditions on a bond
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Operating a fuel terminal that the Fuels Tax Act ties to a bond filing
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Replacing a cancelled bond so your terminal-operator license stays in force

One short form to apply.

Submit the application for the $2,000,000 bond; an underwriter reviews a bond this size quickly.

Start the application →
FAQ

Common questions.

How much is the Virginia terminal-operator bond?$15,000. Code of Virginia § 58.1-2211(A)(1) fixes the terminal-operator bond at $2,000,000, and our carrier prices it at 0.75% of the bond amount. The carrier notes that the final premium can vary with underwriting, and your exact price appears in the application before you pay.
Why is the bond so large?The Fuels Tax Act fixes $2,000,000 for the high-volume positions — terminal operators, position-holder suppliers, bonded importers, and permissive suppliers — because of the fuel and tax that move through them. Smaller licensees such as distributors and blenders post three times their monthly tax instead, between $2,000 and $300,000.
Is there a credit check?A $2,000,000 bond gets a quick underwriter review. Any credit check is a soft pull, which never affects your credit score.
Who is the obligee?The Commonwealth of Virginia, through the DMV. The bond is conditioned on your compliance with the Virginia Fuels Tax Act and the payment of the fuels tax tied to your terminal.
Where do I file it?With Virginia DMV, alongside your terminal-operator license. We issue the executed bond ready to submit.
Related bonds

Other Virginia bonds.

VA Fuels Tax Supplier
The $2,000,000 Virginia Fuels Tax Act bond a position-holder or permissive supplier files with DMV under § 58.1-2211. 0.75% of the bond amount: $15,000.
View bond →
VA Fuels Tax Refiner
The Virginia Fuels Tax Act bond a refiner files with DMV. A refiner is licensed as a supplier and posts $2,000,000 under § 58.1-2211. 0.75% of the bond amount: $15,000.
View bond →
VA Alt-Fuel Provider Fuels Tax
Provider of alternative fuel bond, filed with DMV under the Fuels Tax Act. From $100.
View bond →
VA Alt-Fuel Retailer Fuels Tax
Retailer of alternative fuel bond, filed with DMV. From $100.
View bond →

Terminal operator bond, issued today.

From $15,000 for the $2,000,000 bond. Apply online and file with DMV.

Start application
Your premiumfrom $15,000
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