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N.C. Department of Environment and Natural Resources

NC Department of Environment and Natural Resources
Waste Management - DWM - SW - Financial Assurance

Waste Management

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Financial Assurance for Solid Waste Management Facilities

 *** Financial Assurance Memo October 12, 2010 ***

 The Financial Assurance Program is based on the Financial Assurance Rule .1628 which requires owners/operators of municipal solid waste landfills (MSWLFs), operating after April 9, 1994,  to demonstrate that the owner/operator will have the funds necessary to properly close,  provide 30 years of post-closure maintenance, and fund any corrective action costs for the permitted landfill.   The rules describe seven different "mechanisms" that owners/operators of MSWLFs can use to demonstrate financial assurance.  The seven mechanisms are as follows:

 

Municipal Solid Waste Landfill (MSWLF) .1600 Rule Mechanisms:

 

Mechanisms for all other Solid Waste Management Facilities: 

 

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 Effective January 1, 2013,
 the INFLATION FACTOR PRICE DELFATOR/MULTIPLIER = 1.018

 

 Effective January 1, 2012,
 the INFLATION FACTOR is 2.1% PRICE DEFLATOR/MULTIPLIER = 1.021

 

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