MI wetland mitigation site bonds.
From $100. Enter your amount.
A wetland mitigation bank sponsor in Michigan may be required to post financial assurance to guarantee the bank under Part 303 of NREPA, administered by EGLE. A surety bond is one accepted form — pricing is 0.5% of the bond amount, $100 minimum, and the application collects no credit information.
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Apply to filed in one sitting.
No underwriting queue for the standard mitigation bond — enter your amount, pay, and file with EGLE. Here is the whole thing:
Apply online
Your business details, the mitigation bank name and sponsor information, the bond amount EGLE set, and the effective date — that is the entire application.
Issued on the spot
No waiting — the application collects no credit information, so the executed bond is generated as soon as you pay. Larger amounts may get a quick review.
File with EGLE
Submit the executed bond as the financial assurance your mitigation banking agreement requires. Wet-ink originals mailed whenever the office insists.
What it is and who needs it.
What the mitigation site bond actually covers
Michigan’s wetland program runs under Part 303, Wetlands Protection, of NREPA (1994 PA 451), administered by EGLE. A person who establishes and operates a wetland mitigation bank enters a written mitigation banking agreement with EGLE before construction or any sale or use of credits.
Under Part 303 and its rules, EGLE may require a sponsor to provide financial assurance to guarantee compliance with permit and agreement conditions. A surety bond is one accepted form of that assurance — it backs the establishment, construction, and management obligations of the bank.
Because mitigation banks must be maintained over the long term, the bond stands behind your obligations until EGLE releases it under the agreement. If you fail to perform, EGLE can recover against the bond; if the surety pays, you repay the surety. Enter the amount EGLE set — pricing starts from $100 with no credit section in the application.
You need this bond if you are
One application, issued on the spot.
Submit the application with the bond amount EGLE set — the executed bond is generated instantly, ready to file as financial assurance.
Start the application →Common questions.
Other Michigan bonds.
Mitigation site bond, issued today.
Pricing from $100. Enter the amount EGLE set and file it the same day.