Estimating Administrative and Procedural Costs for Natural Resource Restoration Settlements
-
1998
Details
-
Personal Author:
-
Corporate Authors:
-
NOAA Program & Office:
-
Description:Response and damage assessment costs incurred by natural resource trustee agencies (i.e., the federal, state, Indian tribe, and/or foreign officials authorized to act on behalf of the public interest concerning natural resources) are recoverable elements of natural resource damage claims under the Oil Pollution Act and Comprehensive Environmental Response, Compensation, and Liability Act (Superfund Act). Once a natural resource damage claim is settled, trustee costs for implementing and/or overseeing restoration and compensatory actions are charged against the settlement, except as may be specifically defined in settlement provisions. Consequently, trustee agencies must accurately anticipate their post-settlement costs and/or include provisions for covering these costs in settlement terms. Failure to address cost elements such as trustee management oversight, administrative, and procedural requirements along with the provisions for project design, construction, and performance monitoring, in settlements may force trustee agencies to absorb these costs. The range of post-settlement cost factors which should be considered in developing settlement terms for natural resource damages are identified and discussed. A framework for outlining trustee post-settlement planning assumptions and estimating the most common management oversight, administrative, and procedural cost elements is provided.
-
Keywords:
-
Document Type:
-
Place as Subject:
-
Rights Information:Public Domain
-
Compliance:Submitted
-
Main Document Checksum:urn:sha256:6f142cb9892152ef4a5dea20cb88d3825db787ffbe9d15ba31d99d3063a5faea
-
Download URL:
-
File Type:
ON THIS PAGE
The NOAA IR serves as an archival repository of NOAA-published products including scientific findings, journal articles,
guidelines, recommendations, or other information authored or co-authored by NOAA or funded partners. As a repository, the
NOAA IR retains documents in their original published format to ensure public access to scientific information.
You May Also Like
COLLECTION
National Marine Fisheries Service (NMFS)