[USCC] Financial assurance mechanisms for compost facilities?

[Crowley, Patrick]

Check with the Solid Waste regulators in the state involved.  All
landfills must have this type of bonding and only certain entities may
be approved by the solid waste folks.

F. Patrick Crowley
Project Manager
Waste Management Section
Montana Department of Environmental Quality
P.O. Box 200901
Helena, MT 59620
Phone 406-444-5294
Fax 406-444-1374
Email pcrowley at mt.gov  

-----Original Message-----
From: compost-bounces at composter.com
[mailto:compost-bounces at composter.com] On Behalf Of Craig Coker
Sent: Monday, October 02, 2006 2:20 PM
To: US Composting Council Compost Discussion List
Subject: [USCC] Financial assurance mechanisms for compost facilities?

U.S. COMPOSTING COUNCIL 15th ANNUAL CONFERENCE AND TRADESHOW Wyndham
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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

 

 

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