EPA Facilities/Installations with Financial Provision Requirements 01/03/22
The bond template is generally acceptable to the EPA and is specific to the EPA's particular requirements. Any party intending to use the template may wish to seek their own legal advice.
The EPA has applied a risk-based approach to environmental liability and financial provision requirements. This document sets out the types of licensed facilities which require the agreement of costings and provisions for their environmental liabilities. It also specifies the actions required of all operators with respect to environmental liabilities and financial provisions for their facilities.
The Account Charge and Funding & Drawdown Agreement templates are generally acceptable to the EPA and are specific to the EPA's particular requirements. Any party intending to use the templates should seek their own legal advice.
This document sets out the principles of, process for putting in place, and instruments acceptable for, and instruments acceptable for, financial provision. The EPA has also published financial provision templates for use when putting financial provision in place.
This guidance presents a systematic approach for assessing and costing environmental liabilities associated with closure, restoration/aftercare and incidents. It replaces those aspects of Guidance on Environmental Liability Risk Assessment, Residuals Management Plans and Financial Provision (EPA, 2006).
This document provides unit costs for closure and restoration/aftercare including landfill specific unit costs. It accompanies the Environmental Protection Agency Guidance on assessing and costing environmental liabilities (EPA, 2014).