Coal Mines

Oil & Gas Operators

All other reclamation activity

Credit and Background Release

Required from owners and spouses of corporate applicants with a capitalization under $20,000,000.


Personal Financial Statement

A personal balance sheet from each owner and spouse is required from all applicants UNLESS the applicant is corporation with a capitalization in excess of $20,000,000.

Business Financial Statement

A business financial statements includes a balance sheet, P&L, statement of cash flows, notes and CPA cover letter. A compilation is sufficient for bond requests under $250,000. Reclamation bonding in excess of this figure will require submission of CPA prepared statements. Depending on the size of the program, we will request a current year-to-date statement and up to four previous fiscal year end statements.


Each submission should be accompanied by the applicant's certificate of liability insurance. We are especially interested in the existence of riders, endorsements, and/other enhancements to cover environmental hazards specific to an operation where reclamation is necessary.


A copy of all correspondence between the operator and the state and/or federal Obligee should be included with each submission. If the applicant operator has ever been reprimanded or received a notice of violation (NOV) sanctioned, fined, or had any regulatory action taken against it, a full explanation and date of final abatement will be required.

*AS THE UNDERWRITING PROCESS MOVES FORWARD, BE PREPARED FOR FURTHER INFORMATION REQUESTS. YOU MAY REDUCE THE POSSIBILITY OF MULTIPLE REQUESTS BY FULLY PROVIDING THE INFORMATION REQUESTED WITHIN YOUR INITIAL SUBMISSION.