_ENFORCEMENT - C1981017 ‎(14)‎

• Permit No: C1981017
• IBM Index Class Name: Enforcement
• Doc Name: Bid Documents ‎(IMP)‎ Violation
• Media Type: D
• Archive: No

4 ^
STATE OF COLORADO _
DIVISION OF MINERALS AND GEOLOGY
pFCO
Department of Natural Resources
iy O
1313 Sherman St.,Room 215
Denver.CO 80203
Phone:[phone] 186�
FAX:[phone]
Roy Romer
Governor
Michael B.Long
Division Director
February 23, 1993
Mr. Robert Delaney
Mid-Continent Resources, Inc.
P.O. Drawer 790
818 Colorado Avenue
Glenwood Springs, CO 81602
Re: Inquiry of February 22, 1993 Regarding International Casualty
Underwriters, Inc., Mid-Continent Resources, Inc., the Coal Basin Mine,
Permit No. C-81-017
Dear Mr. Delaney:
We received your February 22, 1993 request as to the acceptability of
International Casualty Underwriters, Inc. as the new surety for the Coal Basin
Mine. We provide the following response.
The Division uses as its basis for determining acceptability of surety companies
supplying bonds for federal mines the U.S. Department of the Treasury Fiscal
Service Circular 570, entitled Companies Holding Certificates of Authority as
Acceptable Sureties on Federal Bonds and as Acceptable Reinsuring Companies
(copies of pertinent sections enclosed). Companies that are included in this list
meet all the required guidelines for both the State and the U.S. Office of Surface
Mining Reclamation and Enforcement. Any company that does not appear on this
list would not receive approval from us or the OSM as an acceptable insurer for the
purposes of posting bonds for federal mines.
International Casualty Underwriters, Inc. does not appear on our 1991 edition of
Circular 570, and as such is not an acceptable insurer. We are updating our
reference. We recommend you contact the Surety Bond Branch of the Fiscal
Management Service, Department of the Treasury directly, at [phone] to
obtain a copy of Circular 570 for yourself. Any company listed in this publication
meets all State and Federal guidelines for acceptability.