Hazardous Waste Financial Assurance Requirements

An owner/operator of a hazardous waste treatment, storage, and/or disposal facility establishes financial assurance to ensure that sufficient funds are available for closure/post closure/corrective action activities related to its hazardous and/or solid waste management units.  Financial assurance requirements address: the cost of closing a hazardous waste facility; the annual cost required for post-closure monitoring and maintenance; liability coverage for sudden and non-sudden accidental occurrences; and corrective action required for solid and hazardous waste management units.

Who is required to comply with the hazardous waste financial assurance requirements?

All facilities conducting hazardous waste treatment, storage and/or disposal activities, whether permitted or not, are required to comply with Ohio’s financial assurance requirements with the exception of the State of Ohio and federal agencies.

Inflation Factor by Operating Year

The inflation factor to be used for operating year 2020 is 1.7%

The inflation factor to be used for operating year 2019 is 2.2%
The inflation factor to be used for operating year 2018 is 1.8%
The inflation factor to be used for operating year 2017 is 1.3%
The inflation factor to be used for operating year 2016 is 1.0%
The inflation factor to be used for operating year 2015 is 1.4%
The inflation factor to be used for operating year 2014 is 1.4%
The inflation factor to be used for operating year 2013 is 1.7%
The inflation factor to be used for operating year 2012 is 2.1%
The inflation factor to be used for operating year 2011 is 0.96%
The inflation factor to be used for operating year 2010 is 0.9%

 

Phone: (614) 644-2924

Fax: (614) 644-3146

Email Webmaster

Physical address:
Ohio EPA - DERR
Lazarus Government Center
50 W. Town St., Suite 700
Columbus, OH 43215

Mailing address:
Ohio EPA - DERR
Lazarus Government Center
P.O. Box 1049
Columbus, OH 43216-1049 

 
Mathews, Mitchell Environmental Manager (614) 644-2953
Cheung, Melissa Hazardous waste financial assurance

(614) 644-3067

Sellers, Shawn

Hazardous waste financial assurance

(614) 644-2933

     
 
 800-282-9378