Form Bca - Brownfields Credit Application - 2014 (Page 3 of 3) in pdf

• Rental of temporary storage tanks for the management of remedi-

Additional Requirements

ation wastes.

Please submit the following along with this application:

Costs that are not eligible for the Brownfields credit include the

• A copy of the Response Action Outcome Report/Remedy Opera-

following:

tion Status Report/Permanent Solution Statement prepared by the

Licensed Site Professional hired for this project;

• Retro-fitting, relining or replacing UST Systems;

• Documentation showing the assessed value of the property prior

• Loss of business revenue because of shutdown of business due

to remediation;

to a release or the performance of response actions;

• The deed or lease agreement for the property;

• Landscaping expenses including expenses related to the loss, re-

placement, or installation of trees, shrubs, or signs;

• A description of the business purpose for which the property is

owned or leased, i.e., the current business activity that is taking place

• All governmental, federal, state and local oversight fees;

on this site;

• Compliance fees, punitive damages, civil or administrative penal-

• Copies of all correspondence sent to and received from the DEP

ties, and criminal fines;

relating to the cleanup and outcome of this property.

• Interest payments or any finance charges;

The following requirement should be submitted in an electronic for-

• Small tools;

mat. Note: This must be in a standard database spreadsheet format:

• Costs incurred prior to notification to the DEP of the release and the

• A complete list of all eligible costs. This list should include the in-

receipt of a DEP tracking number that are not otherwise eligible;

voice date, invoice number, vendor, eligible net response and re-

moval costs and a brief description of the service(s) provided.

• Ordinary business expenses or capital improvements, including ex-

penses that would have been incurred in the ordinary course of de-

Questions or concerns relating to the Brownfields Credit Application

velopment of the property in the absence of contamination, oil and

should be directed to the Brownfields Unit at 617-887-6725.

hazardous materials management, and replacement of tanks;

Mail completed application to: Massachusetts Department of Rev-

• Insurance costs associated with remediation;

enue, Audit Division, 200 Arlington Street, Room 4300, Chelsea,

MA 02150; Attn.: Brownfields Unit.

• Costs attributable to the time and expense of an owner, operator,

or principal;

• Any other costs that are not a direct and necessary part of attain-

ing a permanent solution or remedy operation status and incurred by

the taxpayer while the taxpayer owned or leased the property;

• Any costs for which the taxpayer received or anticipates reimburse-

ment; and

• Any other costs not expressly listed as eligible.

Form Bca - Brownfields Credit Application - 2014 Page 3

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