You must update your financial assurance yearly by multiplying your current amount of financial assurance by the inflation factor listed below.
Year: inflation factor
Once your closure and post-closure cost estimates are approved by us, you must have financial assurance in place before beginning operations. Forms for each financial assurance option are below.
Letter of credit
Surety bond and performance bond
Collateral Assignment of Certificate of Deposit
Cash deposit holding account
Third-party cleanup estimates
The owner or operator of a solid waste disposal site or facility is required to maintain a detailed written estimate of the cost of hiring a third party to close and conduct post-closure care at their facility.
Estimating Closure and Post-closure Costs (Excel spreadsheet. Please download from the view screen.)