Massachusetts Statutes

§ 28 — Execution of development contract

Massachusetts·Part I ADMINISTRATION OF THE GOVERNMENT·Title XVI PUBLIC HEALTH·Ch. 111H MASSACHUSETTS LOW–LEVEL RADIOACTIVE WASTE MANAGEMENT ACT

Section 28.

(a)Within sixty days of the selection of the operator pursuant to section twenty-seven, the board shall execute a development contract under which such operator shall be obligated to fulfill all of the requirements of the facility approval process established in sections twenty-nine to thirty-four, inclusive, in accordance with the plans submitted by the operator pursuant to section twenty-seven or any revision thereof approved by the board, and specifying a bond to be posted in an amount to be determined by the board, payable to the board and conditioned on the faithful performance of the obligations, agreements and covenants specified in the development contract. The bond shall provide that, if the operator defaults on the development contract, it shall pay to the board all

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