Surety Bonds for Competitive Local Exchange Companies (CLEC)
Frequently Asked Questions
No. The form used by the company providing the bond is acceptable.
Yes. Many of them are posted on our website under Docket 01-12-10RE01 as compliance filings. Note that some of them are riders reducing the amount of the bond filed previously in Docket 01-12-10RE01, but others are new filings.
No. Only a bond is acceptable.
We suggest checking with the companies that have issued bonds for other telcom providers, as posted in Docket 01-12-10RE01. Based on its experience with requiring payphone companies to submit bonds, the PURA believes that even small CLECs will be able to comply with this requirement. In 2004, PURA reduced the amount of the bond from $50,000 to $25,000. If all else fails, however, write a letter to the PURA explaining the situation.
Simply write a letter to the PURA, citing the docket number of the case in which the order was given, and request an extension of time to comply with the requirement. Explain why you need more time and specify the date by which you expect you will be able to comply. If you web file the letter, submit it as a motion. For more information on filing procedures, contact the Executive Secretary’s Office at 860-827-1553 or firstname.lastname@example.org
See the PURA’s Decision dated May 5, 2004, in Docket 01-12-10RE01 and the Decision dated April 2, 2003, in Docket 01-12-10.