Permits

Financial Assurance
Oregon Administrative Rule - for Non-MSW facilities
for Financial Assurance Cost Estimates

OAR 340-095-0090(4)(a) Cost Estimates.

A detailed written estimate of the third-party costs in current dollars (as calculated using a discount rate equal to the current yield of a 5-year U.S. Treasury Note as published in the Federal Reserve’s H.15 (519) Selected Interest Rates for the week in which the calculation is done), prepared by a Registered Professional Engineer, of:

(A) Closing the non-municipal land disposal site;
(B) Providing post-closure care, including installing, operating and maintaining any environmental control system required on the non-municipal land disposal site;
(C) Performing required corrective action activities; and
(D) Complying with any other requirement the Department may impose as a condition of issuing a closure permit, closing the site, maintaining a closed facility, or implementing corrective action

Click on the following link to the Federal Reserve Site to find the 5-year yield for this week:

• Federal Reserve Statistical Release - Selected interest rates

[print version]