Co-payment Plan
As the environmental assessment and cleanup costs associated with removing a UST are typically out of many tank owners' affordability comfort zone, the Trust Fund has established a "co-payment" plan. In certain circumstances Cedar Rock can offer this service. Under co-pay Cedar Rock pays for all work done and bills the State directly for the cost of all Trust Fund reimbursable tasks. Under the Co-Pay Plan, the tank owner's only out-of-pocket expenses (non-reimbursables) include the cost of removing the UST and disposing of the UST and tank contents. These non-reimbursable expenses are typically about $2,800, depending on site conditions, if done according to State and local regulations and guidelines. The tank operator must be eligible for Trust Fund reimbursement for co-payment to be available. See the Trust Fund page for eligibility information. Please ask if Cedar Rock is able to assist you with the co-pay facility.
If Cedar Rock provides this service a one-time finance fee of $200 is charged.
Remember, because of our thorough knowledge of the State's underground storage tank (UST) regulations and Trust Fund policies, and our low overhead expenses, Cedar Rock can offer tank owners the following guarantee:
Cedar Rock guarantees 100% Reimbursement of Reimbursable Costs Related to the Environmental Assessment and Cleanup of Leakage from a UST.
See Our Guarantees page for more information regarding this, and the other guarantees Cedar Rock gives for its work.