North Carolina Reclamation Bonds
Through this bill contaminated industrial sites will now have the use of site specific remediation standards. Financial assurance will be required by the person conduction the remediation project. This will be required in order to insurance the completion of the cleanup project according to the remedial action plan. A surety bond may be posted as a form of financial assurance.
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Victor Lance is the founder and president of Lance Surety Bond Associates, Inc. He began his career as an officer in the U.S. Marine Corps, serving two combat tours. As president of Lance Surety, he now focuses on educating and assisting small businesses throughout the country with various license and bond requirements. Victor graduated from Villanova University with a degree in Business Administration and holds a Masters in Business Administration (MBA) from the University of Michigan's Ross School of Business.
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