Financial Assurance Program

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.

PCAP Financial Assurance Programs

Specific information (estimates, forms, provider companies, etc.) can be accessed from these links:

•   Hazardous Waste Financial Assurance
  • Also used for Mercury Recovery and Reclamation Facilities.
• Solid Waste Financial Assurance
  • Also used for Waste Tire, and Soil Treatment Facilities.
  • Used Oil
• Storage Tank Financial Responsibility
  • Underground and Aboveground Petroleum Storage Tanks.
• Hazardous Waste Transporters and Used Oil Handlers Liability Insurance

Other DEP programs with Financial Assurance/Responsibility Requirements

The Division of Water Resource Management has financial responsibility requirements in their Phosphate Management (gypstacks), Mitigation Banking, Submerged Lands (wetlands), Environmental Resource Permitting (mitigation), Coastal Construction Control Line (CCCL) and Underground Injection Control (UIC) wells programs.

Background

To minimize the threat to public health and the environment, Financial Assurance requirements have been required since the early 1980s to secure the proper closure and maintenance of solid and hazardous waste management facilities operating in the state of Florida. Financial Responsibility requirements for underground and aboveground petroleum storage tanks began about the same time to ensure that owners and operators of regulated storage tanks have the financial resources to pay for the cost of corrective action and compensating third parties for bodily injury and property damage that might result from a discharge from a petroleum storage tank system. Required use of DEP financial assurance forms was new for Storage Tanks in 2017.

Frequently Requested Reports

Financial assurance information requested quarterly (as public records requests) is now included in spreadsheets available here. We plan to update Solid Waste and Hazardous Waste Excel Workbooks near the beginning of January, April, July and October.

• Hazardous Waste Financial Assurance Information
• Solid Waste Financial Assurance Information
• Used Oil Financial Assurance Information
• Storage Tank Information
  • Cover Page Report (includes financial responsibility information)
  • Tank Facility – All Locations and Insurance Information
• Public Records Requests

Contact Information

• Edgar.Echevarria@FloridaDEP.gov, 850-245-8793 (Hazardous Waste facilities and Tanks) (Disponible para ayuda en español).
• Chantay.Jerger@FloridaDEP.gov, 850-245-8888 (Solid Waste facilities, Used Oil Processing facilities and Tanks) 
• Financial.Assurance.Working.Group@FloridaDEP.gov

Links

• Hazardous Waste Financial Assurance
• Solid Waste Financial Assurance
• Storage Tank Financial Responsibility