Terminal layers of carbonate rocks of Maastrichtian and lower intervals of Paleocene aleurite-pelitic formations are accessible for investigation in Krasny Oktyabr and Bolshevik quarries (Volsk Depression). In the bottom of the Paleocene accumulation of skeletons of calcareous and siliceous sponges has been confirmed, mollusk and elasmobranch assemblage has been determined. Biozonal stratification of the location section and oryctocomplex analysis have contributed to specification of the processes in succession of benthic forms at the Upper Cretaceous – Paleogene boundary.