RCRA REVISION CHECKLIST 24

Financial Responsibility:
Settlement Agreement
51 FR 16422-16459
May 2, 1986
as amended on March 10, 1988, at 53 FR 7740-7741
(Non-HSWA Cluster II)

Note:  The March 10, 1988 (53 FR 7740) amendments to this rule corrected errors in the preamble in which certain provisions were erroneously described as less stringent (i.e., optional) than the previous Federal program.  Therefore, final determination of optional sections and subsections for this checklist was based on the March 10, 1988 amendments.  Because these were the only changes made by that final rule, a separate checklist was not developed.
	STATE ANALOG IS:
		     ANALOGOUS	  EQUIV-	   MORE	BROADER
   FEDERAL REQUIREMENT     | 	FEDERAL RCRA CITATION    |	   STATE CITATION	| ALENT  |	STRINGENT |	IN SCOPE	

PART 260 - HAZARDOUS WASTE MANAGEMENT SYSTEM:  GENERAL

SUBPART B - DEFINITIONS

DEFINITIONS	 

"active life"	260.10	

"final closure"	260.10	
"hazardous waste
management unit"	260.10	

"partial closure"	260.10	

PART 264 - STANDARDS FOR OWNERS AND OPERATORS OF  HAZARDOUS
WASTE TREATMENT, STORAGE, AND DISPOSAL FACILITIES

SUBPART G - CLOSURE AND POST-CLOSURE

APPLICABILITY	  
closure of all
facilities	264.110(a)	

post-closure care	264.110(b)	

CLOSURE PERFORMANCE STANDARD	 
minimizes
maintenance	264.111(a)	
controls, minimizes
post-closure escape	264.111(b)	
complies with
requirements	264.111(c)	

CLOSURE PLAN; AMENDMENT OF PLAN	 

    †	written plan	264.112(a)	

content of plan	264.112(b)	
hazardous waste
management
unit to be closed	264.112(b)(1)	
final closure/maximum
extent of enclosed
operations 	264.112(b)(2)	

maximum inventory	264.112(b)(3)	
remove or decontam-
inate all residues/
equipment	264.112(b)(4)	
other activities to
assure closure	264.112(b)(5)	

schedule for closure	264.112(b)(6)	
    †	estimate year of final
closure	264.112(b)(7)	

amendment of plan	264.112(c)	
    †	notification of partial
and final closure	264.112(d)	
    †   remove wastes, 
decontaminate and 
dismantle	264.112(e)	

    †	CLOSURE; TIME ALLOWED FOR CLOSURE	 
treat final volume in 
90 days or use criteria	264.113(a)	
complete closure in
180 days or use
criteria	264.113(b)	
demonstration must
be within 30 days
timeframe	264.113(c)	

DISPOSAL OR DECONTAMINATION OF EQUIPMENT, STRUCTURES AND SOILS	 
requirement at closure	264.114	

CERTIFICATION OF CLOSURE	 
approved in 
accordance with	264.115	

SURVEY PLAT	 

survey plat required	264.116	

POST-CLOSURE CARE AND USE OF PROPERTY	 
continued care for
30 years	264.117(a)(1)	
reduction or extension
of care period	264.117(a)(2)	

security requirements	264.117(b)	

post-closure use limits	264.117(c)	
activities in accord
with plan	264.117(d)	

POST-CLOSURE PLAN; AMENDMENT OF PLAN	 

written plan	264.118(a)	

specified activities	264.118(b)	

availability of plan	264.118(c)	

amendment of plan	264.118(d)	

POST-CLOSURE NOTICES	 
record of type, 
location and quantity
of hazardous waste	264.119(a)	
requirement to enter
note on deed	264.119(b)	
conditions for removal
of notation	264.119(c)	

CERTIFICATION OF COMPLETION OF POST-CLOSURE CARE	 
completion of post-
closure period	264.120	

SUBPART H - FINANCIAL REQUIREMENTS

DEFINITIONS OF TERMS AS USED IN THIS SUBPART	 
"current plugging and
abandonment cost
estimate"	264.141(f)	

COST ESTIMATE FOR CLOSURE	 
o/o must have written
cost estimate	264.142(a)	
adjust closure cost
estimate for inflation	264.142(b)	

closure plan changes	264.142(c)	

FINANCIAL ASSURANCE FOR CLOSURE	
reimbursement for
closure activities	264.143(a)(10)	
standby trust fund
equal to penal sum	264.143(b)(4)(ii)	
surety liability keyed
to final Administrative
Order	264.143(c)(5)	
after final 3008 deter-
mination Regional
Administrator may
draw on credit	264.143(d)(8)	
o/o may request
reimbursement	264.143(e)(5)	
net capital and worth
at six times	264.143(f)(1)(i)(B)	
90% of assets in 
U.S.	264.143(f)(1)(i)(D)	
net worth at 6 times
sum of cost estimate	264.143(f)(1)(ii)(B)	
90% of assets in
U.S.	264.143(f)(1)(ii)(D)	
phrases of cost
estimates including
plugging and 
abandonment	264.143(f)(2)	
release of o/o from
requirements	264.143(i)	

COST ESTIMATES FOR POST-CLOSURE CARE	 
annual post-closure
cost requirements	264.144(a)	

adjust for inflation	264.144(b)	
post-closure plan
changes	264.144(c)	

FINANCIAL ASSURANCE FOR POST-CLOSURE CARE	 

introductory text	264.145	
reimbursements for
post-closure activities	264.145(a)(11)	
standby trust fund
equal to penal sum	264.145(b)(4)(ii)	
surety liability keyed
to final Administrative
Order	264.145(c)(5)	
after final 3008 deter-
mination Regional
Administrator may
draw on credit	264.145(d)(9)	
o/o may request
reimbursement	264.145(e)(5)	
net capital and worth
at six times	264.145(f)(1)(i)(B)	

90% of assets in U.S.	264.145(f)(1)(i)(D)	
net worth at 6 times
sum of estimate	264.145(f)(1)(ii)(B)	

90% of assets in U.S.	264.145(f)(1)(ii)(D)	
phrases of cost 
estimates include 
plugging and
abandonment	264.145(f)(2)	
release of o/o from
requirements	264.145(i)	

LIABILITY REQUIREMENTS	 

period of coverage	264.147(e)	

WORDING OF THE INSTRUMENTS	 
financial guarantee 
bond	264.151(b)	
closure cost 
estimates under 40
CFR 144.62; includes
UIC costs	264.151(f)(5)	
closure cost 
estimates under 40 
CFR 144.62; includes
UIC costs	264.151(g)(5)	

PART 265 - INTERIM STATUS STANDARDS FOR OWNERS AND OPERATORS OF
HAZARDOUS WASTE TREATMENT, STORAGE, AND DISPOSAL FACILITIES

SUBPART G - CLOSURE AND POST-CLOSURE

APPLICABILITY	 

management facilities	265.110(a)	

disposal facilities	265.110(b)	

CLOSURE PERFORMANCE STANDARD	 

minimize maintenance	265.111(a)	
controls, minimizes,
eliminates escape	265.111(b)	
complies with closure
requirements	265.111(c)	

CLOSURE PLAN; AMENDMENT OF PLAN	 

    †	written plan	265.112(a)	

content of plan	265.112(b)	
hazardous waste
management unit
to be closed	265.112(b)(1)	
final closures and
maximum extent of
facility	265.112(b)(2)	

maximum inventory	265.112(b)(3)	
remove or decontam-
inate all residues/
equipment	265.112(b)(4)	
other activities to
assure closure	265.112(b)(5)	

schedule of closure	265.112(b)(6)	
    †	estimate year of final
closure	265.112(b)(7)	

amendment of plan	265.112(c)	
notification of partial
and final closure	265.112(d)(1)	
    †	date when o/o expects
to begin closure; 
extension to one-year
limit	265.112(d)(2)	
    †	submittal of
closure plan	265.112(d)(3)	
    †	opportunity to
comment, public
hearing, and
approval, modifica-
tion or disapproval
of plan by
Regional Administrator	265.112(d)(4)	
    †	remove wastes, 
decontaminate and
dismantle	265.112(e)	

    †	CLOSURE; TIME ALLOWED FOR CLOSURE	 
treat final volume in
90 days or use criteria	265.113(a)	
complete closure in
180 days or use 
criteria	265.113(b)	
demonstrations must be
made within 30 days	265.113(c)	

DISPOSAL OR DECONTAMINATION OF EQUIPMENT, STRUCTURES AND SOILS	 

requirement at closure	265.114	

CERTIFICATION OF CLOSURE	 

requirement at closure	265.115	

SURVEY PLAT	 

survey plat required	265.116	

POST-CLOSURE CARE AND USE OF PROPERTY	 

continued care for 30
years	265.117(a)(1)	
reduction or extension
of care period	265.117(a)(2)	

security requirements	265.117(b)	

post-closure use limits	265.117(c)	
activities in accord
with plan	265.117(d)	

POST-CLOSURE PLAN; AMENDMENT OF PLAN	 

written plan	265.118(a)	

availability of plan	265.118(b)	

specified activities	265.118(c)	

amendment of plan	265.118(d)	
o/o to submit plan 180
days before closure	265.118(e)	

approval of plan	265.118(f)	

modification of plan	265.118(g)	

POST-CLOSURE NOTICES	 
record of type, loca-
tion and quantity of
waste	265.119(a)	
requirement to enter
note on deed	265.119(b)	
conditions for removal
of notation	265.119(c)	

CERTIFICATION OF COMPLETION OF POST-CLOSURE CARE	 
completion of post-
closure period	265.120	

SUBPART H - FINANCIAL REQUIREMENTS
	 
APPLICABILITY	 
all hazardous waste	
facilities	265.140(a)	

DEFINITIONS OF TERMS AS USED IN THIS SUBPART	 
current plugging and
abandonment of cost
estimate	265.141(f)	

COST ESTIMATE FOR CLOSURE	 
o/o must have written
cost estimate	265.142(a)	
adjust closure cost
estimate for inflation	265.142(b)	

closure plan changes	265.142(c)	

FINANCIAL ASSURANCE FOR CLOSURE	 
reimbursement for
closure activities	265.143(a)(10)	
standby trust fund 
equal to penal sum	265.143(b)(4)(ii)	
after final 3008 deter-
mination Regional
Administrator may
draw on credit	265.143(c)(8)	
o/o may request
reimbursements	265.143(d)(5)	
net capital and worth
at six times	265.143(e)(1)(i)(B)	

90% of assets in U.S.	265.143(e)(1)(i)(D)	
net worth at six times
sum of cost estimate	265.143(e)(1)(ii)(B)	

90% of assets in U.S.	265.143(e)(1)(ii)(D)	
phrases of cost esti-
mates including 
plugging and
abandonment	265.143(e)(2)	
release of o/o from
requirements	265.143(h)	

COST ESTIMATE FOR POST-CLOSURE CARE	 
o/o must have written
cost estimate	265.144(a)	
adjust for inflation	265.144(b)	
post-closure plan
changes	265.144(c)	

FINANCIAL ASSURANCE FOR POST-CLOSURE CARE	 

introductory text	265.145	
o/o may request
reimbursements	265.145(a)(11)	
standby trust fund
equal to penal sum	265.145(b)(4)(ii)	
after final 3008 deter-
mination Regional
Administrator may
draw on credit	265.145(c)(9)	
o/o may request
reimbursement	265.145(d)(5)	
net capital and worth
at six times	265.145(e)(1)(i)(B)	

90% of assets in U.S.	265.145(e)(1)(i)(D)	
net worth at 6 times
sum of cost estimates	265.145(e)(1)(ii)(B)	

90% of assets in U.S.	265.145(e)(1)(ii)(D)	
phrases for cost esti-
mates including
plugging and
abandonment	265.145(e)(2)	
release of o/o from
requirements	265.145(h)	

LIABILITY REQUIREMENTS	 

period of coverage	265.147(e)	

PART 270 - EPA ADMINISTERED PERMIT PROGRAMS:  THE 
HAZARDOUS WASTE PERMIT PROGRAM

SUBPART B - PERMIT APPLICATION

CONTENTS OF PART B:  GENERAL REQUIREMENTS	
documentation that
notices are filed	270.14(b)(14)	
cost estimates and
financial assurance	270.14(b)(15)	
post-closure cost
estimates and
financial assurance	270.14(b)(16)	

SUBPART D - CHANGE TO PERMITS

MINOR MODIFICATIONS OF PERMITS	 
changes in ownership
or operational control	270.42(d)	

SUBPART G - INTERIM STATUS

CHANGES DURING INTERIM STATUS	 
changes in ownership
or operational control	270.72(d)