Memorandum provides guidance on the use of premium payments in Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA, commonly referred to as Superfund) settlements. OSWER Directive No. 9835.6. Issued 11/17/1988.
Premium payment refers to a risk apportionment device under which the risk taken by the government for providing PRPs with a release from liability not usually available is offset by a payment in excess of the cost projected to complete the remedy.You may need a PDF reader to view some of the files on this page. See EPA’s About PDF page to learn more.
- Guidance on Premium Payments in CERCLA Settlements (PDF)(15 pp, 550 K)