The responsible party (either the Owner or the Operator of storage tanks) must maintain financial assurance mechanism(s) to meet the requirements of Rules 62‑761 and 62‑762. Completed parts of Form 62-761.900(3) - Financial Mechanisms for Storage Tanks must be used to meet these financial responsibility (FR)* requirements. Recent rule changes require the use of DEP form parts for all new submittals. Records maintained off-site must be made available upon request of the implementing agency.
Parts A - P of Form 62-761.900(3) are the mechanisms (insurance certificates, guarantees, etc.) and the Certification of Financial Responsibility that must be used. The responsible party should complete (or have their financial institution complete) and maintain only those Parts that are needed. Guidance can be found on the complete form [pages i and ii of Form 62‑761.900(3)] and mechanism specific guidance can be found on the selected mechanism 'form page'.
This EPA produced PDF booklet provides Storage Tank owners and operators with a list of insurance providers who may be able to help them comply with financial responsibility requirements by providing a suitable insurance mechanism. Although this publication is compiled for UST facility needs, it is useful for AST facilities as well.
This list of provider companies consists of companies providing financial assurance for Solid Waste facilities, and includes several companies offering standby trust fund agreements. It may be useful to Storage Tank owners or operators.
The Florida Department of Environmental Protection is the state’s lead agency for environmental management and stewardship – protecting our air, water and land. The vision of the Florida Department of Environmental Protection is to create strong community partnerships, safeguard Florida’s natural resources and enhance its ecosystems.