Use of a Financial Mechanism for Multiple Sites

Section 848 Section 848.408  Use of a Financial Mechanism for Multiple Sites An owner or operator may use a financial assurance mechanism specified in this Subpart to meet the requirements of this Subpart for more than one site. Evidence of financial assurance submitted to the Agency must include a list showing, for each site, the name, address and the amount of funds assured by the mechanism.  The amount of funds available through the mechanism must be no less than the sum of funds that would be available if a separate mechanism had been established and maintained for each site.  The amount of funds available to the Agency must be sufficient to remove used and waste tires from all of the owner or operator's sites.