Go To Search
Click to Home
Site Tools
Reductions

Reductions are submitted to and reviewed by the Quality Assurance Team.  Learn more by visiting the Quality Assurance Reductions page.

Once the Quality Assurance Team has verified the new bond amount, the Bonds Management Team will place the reduction on the next available Bond Committee Agenda and shortly thereafter you will receive a letter authorizing the reduction (unless you have posted a cash bond, in which case the Bond Management Team will request a check in the amount of the reduction from the Loudoun County Treasurer).

It is the responsibility of the bonded party to request a bond rider (for a corporate surety bond) or an amendment (for a letter of credit) that lowers the collateral amount after the reduction is approved.


Loudoun On
Site Tools