Instructions for Form FACE-1 Financial Assurance Cost Estimate - California

Form FACE-1 Financial Assurance Cost Estimate - California

This document contains official instructions for Form FACE-1 , Financial Assurance Cost Estimate - a form released and collected by the California Department of Conservation. An up-to-date fillable Form FACE-1 is available for download through this link.

FAQ

Q: What is Form FACE-1?
A: Form FACE-1 is a document used in California for providing a financial assurance cost estimate.

Q: Who needs to fill out Form FACE-1?
A: Individuals or companies in California who are required to provide financial assurance for certain activities, such as hazardous waste management, need to fill out Form FACE-1.

Q: What is the purpose of Form FACE-1?
A: The purpose of Form FACE-1 is to estimate the cost required to provide financial assurance for specific activities and demonstrate the ability to cover potential liability.

Q: What information is required on Form FACE-1?
A: Form FACE-1 requires information such as the activity or facility being covered, estimated closure costs, post-closure costs, and potential third-party claims.

Q: Are there any fees associated with Form FACE-1?
A: There may be fees associated with submitting Form FACE-1, which can vary depending on the activity or facility being covered.

Q: Are there any deadlines for submitting Form FACE-1?
A: The deadlines for submitting Form FACE-1 can vary depending on the specific requirements set by the California regulatory agencies. It is important to check with the relevant agency for the deadline.

Q: What happens after submitting Form FACE-1?
A: After submitting Form FACE-1, the regulatory agency will review the information provided and determine whether the financial assurance is adequate or if any modifications or additional requirements are necessary.

Q: Can I make changes to the information on Form FACE-1?
A: If there are changes to the information provided on Form FACE-1, an updated form will need to be submitted to the regulatory agency.

Q: What should I do if I have questions or need assistance with Form FACE-1?
A: If you have questions or need assistance with Form FACE-1, it is recommended to contact the California Department of Toxic Substances Control (DTSC) or the relevant regulatory agency for guidance.