Full-cost Disclosure and Financial Assurance
Full-cost Disclosure Financial Assurance for Solid Waste Facilities Full Cost Instruction Manual Re-TRAC S.C. Solid Waste Policy and Management Act

 

Full-Cost Disclosure

NEW! Full-Cost is due OCTOBER 15 for Fiscal Year (FY) 2009 (July 1, 2008 - June 30, 2009). 

The Act requires that any local governments that provide solid waste management services publish annually, on or before October 1, a notice in a newspaper of general circulation, the full cost of its solid waste management services for FY2009. In addition, the Act and Full Cost Disclosure Regulation 61-107.2 require that each local government submit annual Full Cost Disclosure information to DHEC on or before October 15.

All municipalities and counties are required to provide full cost information. Please review the "Full Cost Instruction Manual." This guidance document has been developed by DHEC to assist local governments in meeting the requirements of the Full-Cost Disclosure Regulation.

If you have any questions about Full-Cost Disclosure, please call (803) 896-4229 or e-mail the Office .

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Financial Assurance for Solid Waste Facilities

The S.C. Solid Waste Policy and Management Act of 1991 (Act) requires that all permitted landfills, processing facilities, transfer stations, incinerators, composting facilities, and tire processors have a financial assurance mechanism in place to assure that money is available for clean-up of the facility at the time of closure and to cover any post-closure care that may be required.

Financial assurance is also supposed to be provided for any corrective action at landfills where groundwater contamination has been detected. Types of financial assurance mechanisms approvable by DHEC include Letters of Credit, Trust Fund Agreements, Financial Guarantee Bonds, Insurance Policies, Certificates of Deposit, Local Government Financial Tests and Local Government Guarantees.

For more information, call 1-800-768-7348 or e-mail the Office.

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For more information about recycling in South Carolina, please call 1-800-768-7348.

This Web page was last updated on September 30, 2009.