[USCC] Financial assurance mechanisms for compost facilities?

[Craig Coker]

Colleagues:

 

A client of mine will be required to provide closure financial assurance for
his composting facility.  Do any of you have experience with any particular
insurance companies, surety bonding companies, or similar companies willing
to insure/bond/cover closure costs at $1 million or so?  Obviously, actual
closure costs (should they occur) will be much less, but this particular
state requires very rigid and unrealistic "worst-case" assumptions in the
calculation of closure costs.

 

Many thanks,

Craig

 

Craig Coker

Coker Composting & Consulting

3331 Glade Creek Blvd.

Ste. 7

Roanoke, VA  24012

(540) 904-2698

Fax: (540) 904-6732

Cell: (540) 874-5168

craigcoker at cox.net

www.cokercompost.com