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CLOSURE COST ESTIMATE <br /> The California Code of Regulations requires owners or operators of Fixed <br /> Treatment Units which are authorized under Permit-by-Rule or Conditional <br /> Authorization to prepare a written estimate of the cost of closing each Fixed <br /> Treatment Unit at the point in the unit's operating life when the extent and <br /> manner of its operation would make closure the most expensive. A closure cost <br /> estimate is not required for Fixed Treatment Units which are authorized under <br /> Conditional Exemption. Please refer to the Closure Plan for a description of the <br /> steps taken to close each unit. <br /> The following conditions will be considered: <br /> 1. Facility operating at normal production. <br /> 2. Fixed Treatment Unit operating at full capacity. <br /> 3. Amount of untreated waste at a maximum. <br /> 4. Operator's own staff and/or equipment is used. <br /> 5. Salvage value that may be realized from the sale of wastes, facility <br /> CM� <br /> aL <br /> stru e or equipment, land or other facility assets. <br /> 6. All of the work that is proposed in the closure plan. <br /> 7. A 20% contingency cost for any unknowns or errors. <br /> All estimates will be adjusted for inflation by March 1 annually as specified in the <br /> regulations using the following equation: <br /> (latest closure cost estimate) x (latest inflation factor*) <br /> All estimates will be revised whenever a change in the closure plan increases the <br /> cost of closure. <br /> rm UPCF (12/99), formerly DTSC 1232 is included at the end of this section. <br /> latest inflation factor is derived from the annual Implicit Price Deflator for Gross National Product as <br /> published by the U.S. Department of Commerce in its Survey of Current Business. The inflation facto[ <br /> is the result of dividing the latest published annual Deflator by the Deflator of the previous year. <br /> Delta Plating, Inc. 818 S. Stanislaus St. Page 1.7 <br /> Stockton, CA 95206 <br />