Construction/Demolition and Inert Debris Tools and Resources

Financial Assurances

Construction and Demolition Debris Processing Facilities

14 CCR, Division 7, Chapter 3, Article 4, section 17384

If storage times at operations, facilities and recycling centers are extended, the operator must provide a financial assurance demonstration to prove their ability to cleanup an operation, facility or recycling center in accordance with 27 CCR (Note: A demonstration for postclosure, operating liability and corrective action is not required for these facilities.)

Types of Demonstrations Available

• Trust fund
• Enterprise fund (public sites only)
• Letter of credit
• Surety bond
• Means test (privately operated sites, postclosure and operating liability only)
• Pledge of revenue (public sites, postclosure and corrective action only)
• Insurance
• Federal certification (federal sites, closure and postclosure only)

Financial Assurances Contacts

Forms and information regarding financial assurance demonstrations may be found in 27 CCR and at the CIWMB Financial Assurances website.

All demonstrations must be submitted to the appropriate financial assurances staff for evaluation and approval.

Last updated: October 28, 2007