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Generally a small tank leak, some soil, testing, reporting ect can run up to the $5,000.00 range. Costs can incrementally increase by thousands of dollars based on the increase in soil removal (contaminated soil) and replacement (clean fill). Could you spend $7000.00, $10,000.00 or more, yes, if the tank leak is big enough to require that expense.
Pricing Tank Pricing estimates for 250-, 500-, and 1,000-gallon tank sizes are shown in Figure 5. Hardware The pricing estimate for hardware pieces is $600. This estimate includes the riser and gusset ($550), and the liquid level sensing system ($50). Cost Estimates Cost estimates were made for the 250-, 500-, and 1,000-gallon size composite propane tanks. The distribution of costs across components is shown in Figure 5.