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III IIIIIIIII!!II Ill Doc Uate:,2/11/2001 <br />1~~ PART 806 - FORM, CONDITIONS AND TERMS OF PERFORMANCE BONDS AND <br />LIABILITY INSURANCE <br />Scope of the Section. <br />Part 806 establishes the minimum standards for the Secretary's <br />approval of regulatory program provisions for the form of the <br />bond for surface coal mining and reclamation operations, and <br />the terms and conditions applicable to bonds and liability <br />insurance. <br />Energy Fuels will submit the required performance bond in the form <br />of either a surety bond, a collateral bond or a self bond. Energy <br />Fuels is unable to identify the form of bond which it will submit <br />prior to notification from the regulatory authority of the required <br />amount of the bond. <br />In any event, the performance bond shall be payable to the appro- <br />priate regulatory authority and shall be conditioned upon the <br />faithful performance of all the requirements of the act, the regu- <br />lations at 30 CFR Section 700.1, et. seq., the regulatory program, <br />and the conditions of the permit. The performance bond shall <br />cover the entire permit area. Energy Fuels has included as <br />Exhibit 22, Certificate of Insurance, a certificate concerning <br />public liability insurance consistent with the requirements of <br />30 CFR Section 806.14. <br /> <br />806-1 <br />