Financial Assurance for Closure, Post-Closure, and Corrective Action
Owners and operators of hazardous waste management facilities must provide financial assurance to the State of Michigan for closure, post-closure, and corrective action. The requirements for the financial mechanisms that may be used are contained in R299.9703 through R299.9709, and R299.9713 of the hazardous waste management rules. The wording for the financial mechanisms is specified in the Related Documents:
For the economic data (e.g., Implicit Price Deflator for Gross Domestic Product) necessary to adjust your financial assurance for inflation, go to the U.S. Department of Commerce, Bureau of Economic Analysis home page.