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The Financial Implications of Releasing Small Firms and Small-Volume Contributors from Superfund Liability

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By: Lloyd Dixon

Recent Congressional proposals to reform the federal Superfund program release potentially responsible parties (PRPs) that are small in size or only played a minor role at the site from liability for cleanup costs and transfer their cleanup costs of parties released to the Superfund Trust Fund. This report estimates the number of PRPs that would be released and the cleanup costs that would be transferred to the Fund by recent proposals. It also estimates the cost transferred to the Fund per firm released and the financial consequences for those PRPs that remain liable.

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Paperback Cover Price: $12.00

Discounted Web Price: $10.80

Pages: 70

ISBN/EAN: 0-8330-2825-1

Contents

Preface PDF

Figures PDF

Tables PDF

Summary PDF

Acknowledgments PDF

Chapter 1:
Proposals to Reform Superfund's Liability Provisions PDF

Chapter 2:
Data and Methods PDF

Chapter 3:
Type and Size of PRPs at NPL Sites PDF

Chapter 4:
Distribution of Cleanup Costs by PRP Type and Size PDF

Chapter 5:
Releasing Small-Volume Contributors from Superfund Liability PDF

Chapter 6:
Effects of Liability Reforms on the PRPs That Remain Liable PDF

Chapter 7:
Summary and Conclusions PDF

Appendix A:
RPM Site Survey

Appendix B:
Sampling Design and Integration of RPM and Sets Data PDF

Appendix C:
Statistical Methods PDF

References PDF

The research described in this report was performed under the auspices of RAND's Institute for Civil Justice program.

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