When demonstrating proof of financial assurance, owners or operators can choose from a list of approved financial mechanisms that best meet their individual needs. The dollar amount of financial assurance required is tied to the current department approved closure cost estimate.
To support compliance with solid waste financial assurance requirements, we provide assistance to facility owners and operators, their consultants and provider companies.
Hazardous waste financial responsibility requirements exist to ensure that certain hazardous waste facilities and transporters have the financial resources available to provide for closure, postclosure and corrective action requirements and/or pay for bodily injury or property damage that might result from accidents, spills or other unexpected events, known as liabilities. These closure, postclosure, corrective action and liability requirements are called financial assurance.
When demonstrating proof of financial assurance/responsibility, owners or operators can choose from a list of approved financial mechanisms that best meet their individual needs. With few exceptions, DEP forms must be used.
Specific information (estimates, forms, provider companies, etc.) can be accessed from these links:
The selected portions of DEP rules listed below cover most of the financial assurance and cost estimate requirements for Solid Waste facilities as regulated by the Financial Assurance Working Group. Complete versions of these rules are available on the Division of Waste Management Rules page or the Florida Department of State Florida Administrative Code page.
Hazardous waste exhibits one or more characteristics of ignitability, corrosivity, reactivity, or toxicity, making it dangerous. Paint products, pool chemicals, household cleaners, and pesticides are typical examples. When disposed of in the municipal solid waste stream or otherwise improperly managed, these materials have the potential of contaminating the ground water - our drinking water supply.
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