Wisconsin Administrative Code
Department of Natural Resources
NR 600-699 - Environmental Protection - Hazardous Waste Management
Chapter NR 666 - Standards For Managing Specific Hazardous Wastes And Specific Types Of Hazardous Waste Management Facilities
Subchapter HH - Household and Very Small Quantity Generator Hazardous Waste Collection Facilities
Section NR 666.910 - Financial responsibility requirements for permanent collection facilities that store more than 80,000 pounds (36,364 kg.) of hazardous waste
Universal Citation: WI Admin Code ยง NR 666.910
Current through August 26, 2024
(1) The owner or operator shall meet all of the following closure cost estimate requirements prior to storing more than 80,000 pounds of hazardous waste at any time:
(a) Obtain a detailed written estimate, in
current dollars, of the cost of final closure of the collection facility as
required in s.
NR 666.909(2) (a) and
(b).
(b) Calculate the closure cost estimate using
the cost of hiring a third party to remove and properly manage the estimated
maximum inventory of waste. The quantity of hazardous waste stored at the
collection facility shall not exceed the maximum inventory of waste used to
calculate the closure cost estimate.
(c) Submit the detailed closure cost estimate
to the department with the notification form required under s.
NR 666.903(1).
(d) Adjust the closure cost estimate for
inflation within 60 days prior to the anniversary date of the establishment of
the financial instrument(s), as required in s.
NR 665.0143, or if any changes are made to the amount of
hazardous waste stored. The adjustment may be made by recalculating the closure
cost estimate in current dollars, or by using an inflation factor derived from
the most recent implicit price deflator for gross domestic product published by
the U.S. department of commerce in its Survey of Current Business, as specified
in pars. (a) and (b). The inflation factor is the result of dividing the latest
published annual deflator by the deflator for the previous year.
1. The first adjustment shall be made by
multiplying the closure cost estimate by the inflation factor. The result is
the adjusted closure cost estimate.
2. Subsequent adjustments shall be made by
multiplying the latest adjusted closure cost estimate by the latest inflation
factor.
(2) The owner or operator shall meet all of the following financial assurance requirements prior to storing more than 80,000 pounds of hazardous waste:
(a) Establish financial assurance for closure
of the collection facility, as required in s.
NR 665.0143.
(b) Submit proof of financial assurance to
the department with the notification form required under s.
NR 666.903(1).
(3) Within 60 days of receipt of the closure summary report required by s. NR 666.909(3) (c), the department shall notify the owner or operator of one of the following:
(a) Closure
is complete and the owner or operator may apply to the department for a release
of the proof of financial responsibility.
(b) Additional closure activities are
necessary to comply with s.
NR 666.909(3), and proof of financial
responsibility shall be maintained.
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