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Guidance for Used Oil, Recycling, and Treatment, Storage, & Disposal (TSD) FacilitiesAll facilities need to plan for the time when they will close. Used oil processors, recycling facilities, and TSDs must prepare closure plans, develop cost-estimates, and provide financial assurance to cover the cost of closure. Liability insurance is also required. Some generators and transporters must follow certain closure requirements, although they are not required to write a closure plan in advance. The following publications were created to provide guidance on how to meet these requirements. You should also consult with a regional hazardous waste compliance specialist.
Making sure that you complete all necessary documentsChecklists for Closure Plans, Closure Cost Estimates, and Financial Assurance Publication #05-04-008 Writing your facility closure planGuidance for Clean Closure of Dangerous Waste Units and Facilities Publication #94-111 Revised May 2005 Closure Plan Template for Dangerous Waste Recyclers and Used Oil Processors Publication #05-04-006 Preparing a cost-estimate for closing your facilityClosure Cost Estimating Tool (CCET) Version: 1.1 User Guide Publication #05-04-009 Closure Cost Estimating Tool (CCET) Version 1.1 Publication #05-04-009 cd The CCET is a series of linked spreadsheets that can be used to develop a cost-estimate for facility closure. The User Guide explains how to use the CCET. Surface Area Calculator - This Excel file will help facilities figure out the surface area of tanks and containers that need to be cleaned in the closure process. Providing financial assurance for facility closure and liabilityThe following publications are individual checklists for specific financial assurance instruments. Trust Fund for Closure Checklist Publication #05-04-008a Surety Bond with Trust Fund for Closure Checklist Publication #05-04-008b Surety Performance Bond with Standby Trust Fund for Closure Publication #05-04-008c Irrevocable Letter of Credit with Standby Trust Fund for Closure Checklist Publication #05-04-008d Closure Insurance Publication #05-04-008e Financial Test and Corporate Guarantee for Closure Checklist Publication #05-04-008f Financial Test for Combined Coverage Checklist Publication #05-04-008g Trust Fund for Liability Checklist Publication #05-04-008h Surety Bond for Liability Checklist Publication #05-04-008i Irrevocable Letter of Credit for Liability Checklist Publication #05-04-008j Liability Insurance Certificate/Endorsement Publication #05-04-008k Financial Test for Liability Checklist Publication #05-04-008l Corporate Guarantee for Liability Checklist Publication #05-40-008m.
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