Which of the following is NOT an acceptable financial responsibility mechanism?

Anticipated sales reports do not qualify as an acceptable financial responsibility mechanism. Financial responsibility mechanisms are designed to ensure that operators of underground storage tanks (USTs) can cover costs associated with environmental cleanup and third-party liability in the event of a leak or spill. Mechanisms such as insurance policies, surety bonds, and letters of credit provide concrete financial assurances that funds will be available when needed.

Insurance policies establish a clear contractual agreement that provides coverage for specific liabilities, which directly meets regulatory requirements. Surety bonds act as a guarantee that financial responsibilities will be met, with a third-party surety ensuring that the operator can fulfill obligations if necessary. Letters of credit are financial instruments issued by banks that allow access to funds for specific purposes, providing assurance of financial support.

In contrast, anticipated sales reports do not provide a tangible financial assurance. While they may indicate future revenue potential, they lack the guaranteed availability of funds required by regulations for managing the risks associated with UST operations. Therefore, this option is not recognized as a viable mechanism for fulfilling financial responsibilities under environmental laws.