Form R Tank Schedule for Financial Assurance - Delaware

What Is Form R?

This is a legal form that was released by the Delaware Department of Natural Resources and Environmental Control - a government authority operating within Delaware. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is a Form R Tank Schedule?
A: A Form R Tank Schedule is a document used in Delaware for financial assurance for underground storage tanks.

Q: What is financial assurance?
A: Financial assurance is a requirement to ensure that funds are available to clean up any potential environmental contamination caused by underground storage tanks.

Q: What is an underground storage tank?
A: An underground storage tank is a tank used for storing substances such as petroleum or hazardous materials below the ground.

Q: Why is financial assurance required for underground storage tanks?
A: Financial assurance is required to protect the environment and ensure that any potential contamination from underground storage tanks is properly addressed and cleaned up.

Q: Who needs to submit a Form R Tank Schedule?
A: Owners or operators of underground storage tanks in Delaware need to submit a Form R Tank Schedule as part of their financial assurance requirement.

Q: What information is included in a Form R Tank Schedule?
A: A Form R Tank Schedule includes information about the underground storage tanks, such as tank capacity, type of tank, and location.

Q: How often do owners or operators need to submit a Form R Tank Schedule?
A: Owners or operators need to submit a Form R Tank Schedule annually or as required by the Delaware Department of Natural Resources and Environmental Control (DNREC).

Q: What happens if a Form R Tank Schedule is not submitted?
A: Failure to submit a Form R Tank Schedule can result in penalties and non-compliance with Delaware's underground storage tank regulations.