The FillSecure Solution
The FillSecure solution consists of a funding arrangement suitable for the cost effective management of financial provisions as required under EP permits.
Part of the solution can include a surety bond, which provides an indemnity for the amount specified by the EA as 'financial provision'. The bond is not required if the client has sufficient 'upfront' funds.
The bond can be combined with the FillSecure mechanism to satisfy the long-term aftercare requirement, as well as operational and restoration costs.
The FillSecure Solution has been approved by the Environment Agency for general application.
A EP Permit or WML allows the use of alternative Financial Provision options throughout its duration, if deemed acceptable by the Environment Agency.
At present insurance is not a mandatory requirement for a Permit, however, it can provide protection against certain risks. Insurance is an option for protection against events that may lead to a third party, or regulatory pollution claim for a pollution incident.
Insurance can be a cost-effective method of protection against unknown and unforeseen events where a high level of indemnity can be secured for a premium.
Tysers are authorised and regulated by the Financial Services Authority reference No: 308648 Kynaston-Carnoustie Ref No: 439289.

