New Mexico Administrative Code
Title 20 - ENVIRONMENTAL PROTECTION
Chapter 5 - PETROLEUM STORAGE TANKS
Part 123 - CORRECTIVE ACTION FUND ADMINISTRATION
Section 20.5.123.6 - OBJECTIVE
Current through Register Vol. 35, No. 6, March 26, 2024
The purpose of 20.5.123 NMAC is to establish the procedures for administering and making payments from the corrective action fund ("fund") created by the Ground Water Protection Act ("act"), Sections 74-6B-1 through 74-6B-14 NMSA 1978, including procedures for:
A. payment of the costs of a minimum site assessment in excess of ten thousand dollars ($10,000), or in excess of lesser amounts as permitted by the act;
B. payment of the costs of corrective action other than the minimum site assessment;
C. determinations of compliance with the act;
D. determinations of eligibility of costs for payment;
E. competitive bidding for corrective action work; and
F. disposition of remediation equipment acquired through the fund.
