How soon after meeting permit requirements must the VSMP authority return bonds or securities to the operator?

The correct choice of 60 days aligns with the regulations governing the Virginia Stormwater Management Program (VSMP), emphasizing the timely return of bonds or securities once the operator has satisfied all permit requirements. This timeframe ensures that operators are not unduly delayed in accessing their funds, which can be crucial for their cash flow and continued operations.

In the context of stormwater management, the VSMP authority is responsible for overseeing compliance with stormwater permits, and the specific timeframe is set to promote efficiency and accountability in the permit management process. By having a defined period, it helps both the authority and the operators maintain clear expectations regarding compliance and the return of financial securities.

Understanding the importance of quick financial turnover after permit compliance can aid operators in managing their finances effectively while ensuring that stormwater management practices remain under appropriate oversight until satisfactory completion of conditions has been confirmed.