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3.0 PERFORMANCE BOND REQUIREMENTS <br /> 3.02 Performance Bond Requirements for Surface Coal Mining and Reclamation <br /> Operations <br /> This section defines the requirements for filing and maintenance of performance bonds, <br /> addresses requirements for determination of bond amounts, identifies acceptable bonds <br /> and conditions for acceptance of bonds, and provides guidelines for bond release and <br /> procedures for bond foreclosure. <br /> Consistent with applicable regulatory requirements, EFCI has filed and maintains a cash <br /> bond for reclamation for the mine in the amount shown and agreed to in Exhibit 20. <br /> The bond amount covers all existing mining related surface disturbance within the EFCI <br /> permit area. <br /> 3.02.2 Determination of Bond Amount <br /> The Division completed an independent reclamation cost estimate, resulting in the bond <br /> liability amount shown in Exhibit 20. EFCI agreed to the amount determined by the <br /> Division as shown in their detailed bond estimate. <br /> 3.0 - 1 <br /> TR-47 Revised August 2016 <br />