(a) A performance bond may be required for sales where the purchaser has performance obligations as terms of the forest products contract. Bond amounts shall be the amount necessary to cover the expense of contractual obligations but not less than ten percent (10%) of the total sale value, or five hundred dollars ($500.00), whichever is greater. Cash bond, performance bond or an approved, irrevocable letter of credit are acceptable.
060-8 Wyo. Code R. § 8-10