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TITLE 23t CHAPTER 15, ARTICLE 5 <br /> FINANCIAL ASSURANCE REPORT <br /> Title 23, Chapter 15, Article .5, section 2550.0(b) requires that <br /> a discharger must "obtain and maintain assurances of financial <br /> responsibility for initiating and completing corrective action for <br /> all known. or reasonably foreseeable releases from the waste <br /> management unit." It is assumed for the this report that a release <br /> has already been confirmed through verification monitoring and that <br /> a corrective action plan must be prepared and implemented. This <br /> report presents financial assurance to cover costs associated with <br /> cleanup of a reasonably foreseeable release from a waste management <br /> unit. <br /> ASSUMPTIONS: <br /> 1. The method of cleanup. will be to pump and treat the <br /> contaminated water using extraction wells and a treatment <br /> system at the surface. <br /> 2. 3 extraction wells will be sufficient. <br /> 3 . 2 additional monitoring wells will be installed. <br /> 4. A consultant will design the treatment system and prepare the <br /> Corrective Action Plan. <br /> STEP 1 - CORRECTIVE ACTION INVESTIGATION <br /> A corrective action investigation must be performed to: <br /> A. Design and install extraction wells <br /> B. Install additional monitoring wells - to evaluate the <br /> effectiveness of the. cleanup. <br /> C. Evaluate different pumping and treating schemes and <br /> determine the number of extraction wells needed by <br /> performing an aquifer pump test <br /> D. Begin ground water modeling to help predict contaminant <br /> migration. <br /> STEP 2 - PREPARE CORRECTIVE ACTION PLAN <br /> A Corrective Action Plan (CAP) must be prepared for agency <br /> approval. The CAP will include an evaluation of long term <br /> corrective action, justification for the suggested action, and <br /> identification of potential impacts in the area. <br />