If the current holder has a performance bond related to a ROW grant, can the holder allow the assignee to assume the bond?
No. Bonds cannot be transferred between assignors and assignees. In a situation where the ROW grant being assigned includes an existing bond, the processing office must ensure that the old bond is canceled and that the assignee has a new bond in place prior to completing the assignment. In situations of mass assignments, it is important that this situation not be overlooked. Each case file must be reviewed for the possibility of the need for a new bond. The potential time required to review and process bonds should be included in the processing category Decision for assignment requests.
