How is the amount of the bond determined?
Primary source
Verbatim text below is from the Electronic Code of Federal Regulations (eCFR), a public-domain U.S. government work. Always verify the current version with the eCFR before relying on it for any legal matter.
Full Text
(a) The amount of the bond for each permit is based on the:
(1) Value of one year's grazing rental payment;
(2) Value of any improvements to be constructed;
(3) Cost of performance of any additional obligations; and
(4) Cost of performance of restoration and reclamation.
(b) Tribal policy made applicable by § 166.100 of this part may establish or waive specific bond requirements for permits.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.