On August 21, 2018, Region 1 and the Massachusetts Institute of Technology (MIT or Settling Party) entered into a CERCLA 122(h) administrative settlement agreement for cost recovery at the Former Lawrence Metals Superfund Site (Site). Under the settlement, the Settling Party will pay $200,000 to resolve its liability for EPA's past response costs at the Site.
From 2012 through 2014, EPA performed a time-critical removal action at the Site to excavate and dispose off-site soils contaminated with polychlorinated biphenyls (PCBs) and lead. MIT was a prior owner/operator of the Site for a limited period of time in 1986. Previously, in 2013, EPA entered into a Windfall Lien Agreement at this Site with a bona fide prospective purchaser, as well as the City of Chelsea, Massachusetts, and recovered $1,650,000. Following EPA?s removal action, the Site was redeveloped as a hotel. The settlement with MIT will be subject to a 30-day public comment period