Solid Waste Disposal Bond - City of Stamford, CT in Connecticut

Brief Summary

If you haul or dispose of solid waste in Stamford, the city expects this bond in place before it signs off on your disposal privileges. Settle the amount and form with the city first, then the bond itself is a quick annual purchase rather than cash left on deposit.

The City of Stamford requires a Solid Waste Disposal bond from businesses that dispose of solid waste through the city. The bond runs to the City of Stamford and guarantees that the business will follow the city's solid waste rules and pay what it owes. The city sets the amount, so confirm it and the current bond form with Stamford's Office of Operations before the bond is issued.

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How to Apply for a Solid Waste Disposal Bond:

• Ask the Stamford Office of Operations for the required bond amount and the current bond form.
• Have the business's legal name exactly as it appears on the city application.
• Complete the bond application and review the quoted premium.
• Pay the premium and receive the executed bond naming the City of Stamford.
• Deliver the original bond to the city with the rest of your application.

Detailed Information About the Connecticut Solid Waste Disposal Bond:

Get the amount from the city first

The most common mistake on this bond is buying it before knowing the number. Stamford sets the amount, and this listing does not carry a fixed figure. Call the City of Stamford Office of Operations, which oversees refuse and recycling, and ask for the required amount and the bond form before you request a quote.

Who posts it

Haulers, contractors and other businesses that bring solid waste to the city for disposal post this bond, with the City of Stamford named as obligee. Stamford regulates garbage, rubbish and refuse in Chapter 137 of its Code of Ordinances.

What it guarantees

The bond backs the business's promise to follow the city's solid waste rules and to pay disposal charges and any costs the city incurs because of a violation. If the business fails to do so, the city can claim against the bond, and the surety pays valid claims up to the bond amount. The business then repays the surety.

Premium

The premium is a fraction of the bond amount, set by the surety after reviewing the owner's credit and the business's history. Once the city gives you the amount, a quote is usually straightforward.

Eligibility and Requirements for a Connecticut Solid Waste Disposal Bond:

• City of Stamford as obligee.
• Bond amount as set by the city.
• Principal name matching the city application exactly.
• Bond kept in force for as long as the city requires it.
• Owner credit review, which mainly affects the premium rate.

Connecticut Solid Waste Disposal Bond FAQs:

Official and Additional Resources for the Connecticut Solid Waste Disposal Bond: