Okla. Admin. Code § 252:517-17-32

Current through Vol. 41, No. 19, June 17, 2024

Section 252:517-17-32 - Cost estimates for post-closure care

(a)Post-closure cost estimate required. Post-closure cost estimates shall be submitted to the DEQ for approval. The estimate shall be a detailed written estimate, in current dollars, of the cost of hiring a third party to conduct post-closure care for the CCR unit in accordance with the permit, the approved post-closure plan, and the rules of this Chapter.

(b)Amount. The cost estimate shall be set by the DEQ and equal the most expensive cost for post- closure care, as indicated by the post-closure plan.

(c)Determination of post-closure cost estimate.

(1) Post-closure cost estimates shall be determined in accordance with OAC 252:517-17-51.

(2) A copy of the cost estimate shall be submitted to the DEQ for approval.

(3) A copy of the approved estimate shall be placed in the operating record.

(d)Increases required. Post-closure cost estimates and the amount of financial assurance provided must be increased if, at any time during the active life, changes to the post-closure plan or facility conditions increase the maximum cost of post-closure care.

(e)Reduction allowed. Proposals for reduction of post-closure cost estimates and the amount of financial assurance required may be approved by the DEQ.

(1)Estimate exceeds cost. To qualify for a reduction, the cost estimate must be demonstrated to exceed the maximum cost of post-closure during the remaining life of the facility.

(2)Adequate assurance remains. The amount of security remaining after the reduction must adequately cover the estimated post-closure cost yet to be performed.

(3)DEQ approval required. Financial assurance shall not be reduced until DEQ approval has been granted.

Okla. Admin. Code § 252:517-17-32

Adopted by Oklahoma Register, Volume 33, Issue 24, September 1, 2016, eff. 9/15/2016