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Financial Assurance Criteria | Midpage
Collections
Virginia Administrative Code
Title 9
20
Chapter 70
Part III
Financial Assurance Criteria
81
General purpose and scope.
90
Closure, post-closure care and corrective action requirements.
111
Cost estimate for facility closure.
112
Cost estimate for facility post-closure.
113
Financial assurance for corrective action.
140
Allowable financial mechanisms.
150
Trust fund.
160
Surety bond guaranteeing payment or performance.
170
Letter of credit.
180
Certificate of deposit.
190
Insurance.
200
Corporate financial test.
210
Local government financial test.
220
Corporate guarantee.
230
Local government guarantee.
250
Multiple financial mechanisms.
260
Release of the owner or operator from the financial assurance requirements.
270
Incapacity of owners, operators or financial institution.
290
Wording of financial mechanisms.