Tables to Calculate Financial Responsibility (FR) Needed
Why do we have financial responsibility for Storage Tanks?
Financial responsibility requirements exist to ensure that owners and operators of regulated petroleum storage
tanks have the financial resources to pay for the cost of corrective action and compensating third parties for bodily injury and property
damage that might result from a release from a petroleum storage tank system.
Where can I find the Mechanisms that need to be used to demonstrate financial responsibility?
The mechanisms can be found on this website. Look for "Forms and Form Guidance" under "Highlights" on the right-hand side of this web page.
What amount of financial responsibility do I need?
Where do I keep the financial documentation?
An owner or operator must maintain financial responsibility records at the facility site or at the business office.
If not kept at the facility, they shall be made available at the facility or another agreed upon location upon five working days notice by
a Department or County inspector.
Can the ACORD Form substitute for the Code of Federal Regulation (C.F.R.) wording?
No. Proof of Insurance must use the exact wording in the 40 CFR.
Tor.Bejnar@dep.state.fl.us (850) 245-8743 (South and Southwest Districts)
Edgar.Echevarria@dep.state.fl.us (850) 245-8793 Disponible para ayuda en español. (Northeast and Southeast Districts)
Susan.F.Eldredge@dep.state.fl.us (850) 245-8740 (Central and Northwest Districts)
If your district representative cannot be reached, feel free to contact any of the other team members.
DEP District Program Contact List
for Storage Tanks