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Akzo Nobel Coatings (for Reliance Universal), et al.

Administrative - Formal · FY2004 · — · Final Order With Specified Cost Recovery · 126172

Penalty
Cost recovery
Compliance action

Case

Case Number
02-2004-2023
Type
Administrative - Formal
Lead
EPA
Outcome
Final Order With Specified Cost Recovery
Multimedia
Self-disclosure
N

Defendants (36)

Summary

EPA seeks to recover costs incurred performing response actions at the Bayonne Barrel and Drum Site. The settling parties have agreed to reimburse EPA's past response costs in two installment payments. A third payment is due within 540 days of the effective date of the agreement, but it is subject to reduction or even forgiveness in the form of an orphan share credit that will be calculated based on the value of work that the settling parties are currently performing at the Site, and additional work that they are expected to perform in the future. The settling parties are expected to enter into a final settlement with respect to the Site, to perform additional work, within 540 days of the effective date of this agreement.

Source

Authoritative
EPA ECHO
Machine
JSON-LD · Markdown