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Aft r t (c) Disposal or Decontamination of Equipment When closure is completed, all facility equipment and struc- tures shall have been properly disposed of or decontaminated as described in the approved Operation Plan. (d) Certification of Closure When closure is completed, the owner or operator shall submit to the Department certification both by the owner or operator and by an independent engineer registered in California that the facility has been closed in accordance with the specifica- tions in the approved closure plan. 16. Financial Responsibility (a) Cost Estimate for Facility Closure (1) The owner or operator shall have a written estimate of the, cost of closing the facility in accordance with the applicable closure requirements of this permit. The owner or operator shall keep this estimate, and all subsequent estimates, at the facility. The estimate shall equal the cost of closure at the point in the facility's operating life when the extent and manner of its operation would make closure the most expensive as indicated by its closure plan. (2) The owner or operator shall prepare a new closure cost estimate whenever a change in the closure plan affects the cost of closure. (3) On each anniversary of the effective date of this permit, the owner or operator shall adjust the latest closure cost estimate using an inflation factor derived from the annual Implicit Price Deflator for Gross National Product as published by the U. S. Department of Commerce in its SURVEY OF CURRENT BUSINESS. The inflation factor shall be calculated by dividing the latest published annual Deflator by the Deflator for the previous year. The result is the inflation factor. The adjusted closure cost estimate shall equal the latest closure cost estimate times the inflation factor. (4) The adjusted closure cost estimate shall be submitted to the Department as part of the annual report required in Item 10 (d) , Part II, of this permit. -17-