Statistical Inventory Reconciliation definition

Statistical Inventory Reconciliation means a procedure to determine whether a tank is leaking based on the statistical analysis of measured throughput and a series of daily inventory records taken manually by the tank owner or operator or recorded electronically.
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Statistical Inventory Reconciliation or “SIR” means Release Detection methods based on the application of statistical principles to inventory data.
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Statistical Inventory Reconciliation or “SIR” means a method using statistics and simple inventory reconciliation to determine if a tank system is leaking. SIR providers shall use a method that has been approved in writing for use in the UST program by the U.S. Environmental Protection Agency.
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Examples of Statistical Inventory Reconciliation in a sentence

  • Any UST system failure from a third party-certified Statistical Inventory Reconciliation (SIR) analysis must be reported to PSTD by the owner, operator, or agent within twenty-four (24) hours of discovering the failure.

  • Statistical Inventory Reconciliation (SIR) methods shall be in accordance with Part B, subsection 2.9.11.

  • Statistical Inventory Reconciliation (SIR) is an acceptable alternative method for early detection of a discharge to groundwater for ASTs and associated piping.

  • Statistical Inventory Reconciliation (SIR) is an acceptable method of leak detection and is included as an option.The most desirable and cost-effective leak detection method for an individual site depends on the tanks and piping, product stored, site conditions, business schedule, spill history, and other factors.

  • The operator is presumed to be causing a discharge of oil to state lands and must report the discharge to DEQ immediately.All requirements of the “AST Statistical Inventory Reconciliation Checklist” (Appendix S) must be met and included in the ODCP.

  • Statistical Inventory Reconciliation (SIR) analysis departs from conventional inventory control procedures in that the analysis discloses characteristic errors introduced to the product inventory data during the inventory measurement and record keeping process.

  • Any UST system failure from a third party-certified Statistical Inventory Reconciliation (SIR) analysis must be reported to PSTD by the owner, operator, or SIR provider within twenty-four (24) hours of discovering the failure.

  • The statistical inventory reconciliation method must be certified by a third party and meet US EPA testing procedures in Standard Test Procedures for Evaluating Release Detection Methods: Statistical Inventory Reconciliation (EPA 510-B-19-004) May 2019 or as revised by EPA.

  • Standard Test Procedures for Evaluating Leak Detection Methods: Statistical Inventory Reconciliation Methods, June 1990.

  • Recognized methods of leak detection are: Groundwater Monitoring; Vapor Monitoring; Interstitial Monitoring with Release Prevention Barriers (RPB); Visual Interstitial Monitoring; Statistical Inventory Reconciliation (SIR); and Visual Monitoring.


More Definitions of Statistical Inventory Reconciliation

Statistical Inventory Reconciliation or “SIR” means a method using statistics as well as simple inventory reconciliation to determine if a tank system is leaking. SIR providers must use a method which has been approved in writing for use in the UST program by the Environmental Protection Agency.
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Statistical Inventory Reconciliation means an approved monthly monitoring method for underground storage tanks (USTs) and piping as outlined in the Environmental Code of Practice for Aboveground and Underground Storage Tank Systems Containing Petroleum and Allied Petroleum Products.
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Statistical Inventory Reconciliation or "SIR" means a leak-detection system that uses computer software to conduct a statistical analysis of inventory, delivery, and dispensing data collected over a period of time to determine if a UST system is leaking.
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Related to Statistical Inventory Reconciliation

  • Inventory control system means a system described in Section 4-41a-103.

  • Inventory is all “inventory” as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation all merchandise, raw materials, parts, supplies, packing and shipping materials, work in process and finished products, including without limitation such inventory as is temporarily out of Borrower’s custody or possession or in transit and including any returned goods and any documents of title representing any of the above.

  • Clinical nurse specialist means a registered nurse with relevant post-basic qualifications and 12 months’ experience working in the clinical area of his/her specified post-basic qualification, or a minimum of four years’ post-basic registration experience, including three years’ experience in the relevant specialist field and who satisfies the local criteria.