1) Must meet Owner/Operator requirements listed above
2) PRTCF covers:
a) Per Occurrence (ARM 75-11-307):
i) 50% of the first $35,000 of eligible costs and 100% of subsequent eligible costs, up to a maximum total reimbursement of $982,500 for occurrences of a release.
ii) 50% of the first $10,000 of eligible costs and 100% of subsequent eligible costs, up to a maximum total reimbursement of $495,000 for all tanks storing heating oil for consumptive use on the premises.
b) Annual Aggregate:
i) Federal Requirement: <= 100 tanks $1 million, OR > 100 tanks $2 million
ii) The PTRCF covers each release or occurence for $1 million less the required copay, without any aggregation (excluding tanks that are storing heating oil that is being consumed on the premises).