329 IAC 9-10-6
329 IAC 9-10-6 Performance bond
Cite as Ind. Admin. Code tit. 329, r. 9-10-6
Sec. 6. If a person files a performance bond with an application for a certificate under IC 13-23-3-3(c), the amount of the bond
shall be equal to the dollar value of a single contract awarded to the person for the installation, retrofitting, testing, cathodic protection, or
decommissioning of one (1) or more underground storage tanks at a particular location. The division shall:
(1) act only as a custodian; and
(2) not be obligee of the bond.