DEP Form 62-673.900(4)(I) Financial Assurance Tests for Closure, Water Management and Long-Term Care Costs - Florida

What Is DEP Form 62-673.900(4)(I)?

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

FAQ

Q: What is DEP Form 62-673.900(4)(I)?
A: DEP Form 62-673.900(4)(I) is a financial assurance test for closure, water management, and long-term care costs in Florida.

Q: What does DEP stand for?
A: DEP stands for the Florida Department of Environmental Protection.

Q: What is the purpose of DEP Form 62-673.900(4)(I)?
A: The purpose of DEP Form 62-673.900(4)(I) is to ensure that facilities in Florida have adequate financial assurance for closure, water management, and long-term care costs.

Q: What are closure, water management, and long-term care costs?
A: Closure costs refer to the expenses associated with permanently closing a facility, such as removing equipment and remediation activities. Water management costs are the costs of managing water resources on site. Long-term care costs are the ongoing costs of maintaining and monitoring a closed facility.

Q: Who is required to submit DEP Form 62-673.900(4)(I)?
A: Facilities in Florida that are subject to environmental regulations and have financial responsibilities for closure, water management, and long-term care costs are required to submit this form.

Q: What happens if a facility does not have adequate financial assurance?
A: If a facility does not have adequate financial assurance, it may not be allowed to operate or may be required to provide additional financial assurance to cover the costs.

Q: How often do facilities need to submit DEP Form 62-673.900(4)(I)?
A: The frequency of submitting this form may vary depending on the circumstances, but it typically needs to be submitted annually or whenever there are significant changes to the financial assurance.