[Code of Federal Regulations]
[Title 36, Volume 1]
[Revised as of July 1, 2006]
From the U.S. Government Printing Office via GPO Access
[CITE: 36CFR9.13]

[Page 163]
 
              TITLE 36--PARKS, FORESTS, AND PUBLIC PROPERTY
 
      CHAPTER I--NATIONAL PARK SERVICE, DEPARTMENT OF THE INTERIOR
 
PART 9_MINERALS MANAGEMENT--Table of Contents
 
                   Subpart A_Mining and Mining Claims
 
Sec.  9.13  Performance bond.

    (a) Upon approval of a plan of operations the operator shall be 
required to file a suitable performance bond with satisfactory surety, 
payable to the Secretary or his designee. The bond shall be conditioned 
upon faithful compliance with applicable regulations, the terms and 
conditions of the permit, lease, or contract, and the plan of operations 
as approved, revised or supplemented.
    (b) In lieu of a performance bond, an operator may elect to deposit 
with the Secretary, or his designee, cash or negotiable bonds of the 
U.S. Government. The cash deposit or the market value of such securities 
shall be at least equal to the required sum of the bond.
    (c) The bond or security deposit shall be in an amount equal to the 
estimated cost of completion of reclamation requirements either in their 
entirety or in a phased schedule for their completion as set forth in 
the approved, supplemented or revised plan of operations.
    (d) In the event that an approved plan of operations is revised or 
supplemented in accordance with Sec.  9.12, the Superintendent may 
adjust the amount of the bond or security deposit to conform to the plan 
of operations as modified.
    (e) The operator's and his surety's responsibility and liability 
under the bond or security deposit shall continue until such time as the 
Superintendent determines that successful reclamation of the area of 
operations has occurred.
    (f) When all required reclamation requirements of an approved plan 
of operations are completed, the Superintendent shall notify the 
operator that performance under the bond or security deposit has been 
completed and that it is released.

[[Page 164]]