For proof of financial assurance, originally signed duplicates of financial instruments shall be submitted on the appropriate parts of DEP Form 62-701.900(5), pursuant to Rule 62-701.630(6)(a), F.A.C. When one of these form is properly completed and signed, it becomes a financial assurance instrument.
Form Guidance is found on each "form page" linked below. A General Information PDF provides guidance on multimedia features on these forms.
If a letter of credit, bond or insurance is used, a standby trust fund agreement [Form 62-701.900(5)(h)] is also required.
Financial Assurance Forms
Besides the form, most of these pages contain form guidance, example amendments and a link to the Standby Trust Fund Agreement when one is required.
Three counties (Orange, Santa Rosa and Escambia) have agreements with DEP that allow for separate county cost estimates to be submitted to the county and the financial assurance mechanism submitted to DEP must cover the higher of the county and DEP estimates.
The county agreements page includes specific county agreements and required documents.
Signatory for the owner or operator on bonds, trust funds and letters of credit cover letters should normally be the president of a corporation, managing member of an LLC, or equivalent for entity type. If the name of the president (or equivalent) is not found on the Florida Division of Corporations website (Sunbiz), or if anyone else signs, additional documentation will be required.
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