Enforcement

Superfund Cleanup Subject Listing

Prospective Purchaser Agreements (PPA)

This category contains guidance and model language related to the use of Prospective Purchaser Agreements (PPAs). PPAs may be appropriate in limited circumstances to facilitate redevelopment of property where CERCLA liability issues are involved.

You will need Adobe Reader to view some of the files on this page. See EPA's About PDF page to learn more.



Interim Guidance Regarding Criteria Landowners Must Meet in Order to Quality for Bona Fide Prospective Purchaser, Contiguous Property Owner, or Innocent Landowner Limitations on CERCLA Liability (Common Elements) - (3/6/03)
Provides general guidance on the common elements of the landowner liability protections.
http://www2.epa.gov/enforcement/interim-guidance-common-elements-landowner-criteria-qualify-bfpp-cpo-or-ilo-superfund (PDF 289 K)
Common Elements Guidance Reference Sheet - (3/6/03)
Reference sheet highlights the main points made in EPA's March 2003 "Interim Guidance Regarding Criteria Landowners Must Meet in Order to Quality for the Bona Fide Prospective Purchaser, Contiguous Property Owner, or Innocent Landowner Limitations on CERCLA Liability"
http://www2.epa.gov/enforcement/interim-guidance-common-elements-landowner-criteria-qualify-bfpp-cpo-or-ilo-superfund (PDF 205 K)
Bona Fide Prospective Purchasers and the New Amendments to CERCLA - (5/31/02)
Describes when, primarily because of significant public health, EPA will consider providing a prospective purchaser with a covenant not to sue under the 2002 amendments to the Superfund statute.
http://www2.epa.gov/enforcement/guidance-bfpps-and-new-amendments-cercla (PDF 129 K)
Support of Regional Efforts to Negotiate Prospective Purchaser Agreements (PPAs) at Superfund Sites and Clarifications of PPA Guidance - (1/10/01)
Memorandum addresses settlements at Superfund sites that can be returned to productive reuse.
http://www2.epa.gov/enforcement/guidance-negotiating-ppas-superfund-sites-and-clarification-ppa-guidance (PDF 33KB)
Expediting Requests for Prospective Purchaser Agreements - (10/1/99)
Cover letter transmits the model PPA agreement language and the request letter.
http://www2.epa.gov/enforcement/guidance-expediting-ppa-requests (PDF 10KB)
Checklist of Documents for PPA Evaluation - (10/1/99)
Checklist of Information that EPA Will Generally Require in Evaluating a PPA Request - Attachment to Expediting Requests for Prospective Purchaser Agreements, dated 10/01/1999
http://www2.epa.gov/enforcement/guidance-expediting-ppa-requests (PDF 6 K)
Model Letter Acknowledging a PPA Request - (10/1/99)
Model letter acknowledging a PPA request, attachment to 10/1/99 memo on expediting PPAs, dated 9/30/99
http://www2.epa.gov/enforcement/guidance-expediting-ppa-requests (PDF 5KB)
Guidance on Agreements with Prospective Purchasers of Contaminated Property - (5/24/95)
This memorandum transmits the guidance and model agreement concerning prospective purchasers of contaminated Superfund property.
http://www2.epa.gov/enforcement/guidance-model-agreements-prospective-purchasers-contaminated-property (PDF 1213KB)
Guidance on Landowner Liability under Section 107(a)(1) of CERCLA, De Minimis Settlements under Section 122(g)(1)(B) of CERCLA and Settlements with Prospective Purchasers of Contaminated Property - (6/6/89)
Guidance on Landowner Liability under Section 107(a)(1) of CERCLA, De Minimis Settlements under Section 122(g)(1)(B) of CERCLA and Settlements with Prospective Purchasers of Contaminated Property. OSWER No. 9835.9. Partially superseded by 5/24/95 prospective purchaser agreement policy.
http://www2.epa.gov/enforcement/guidance-landowner-liability-under-section-107a1-cercla-de-minimis-settlements-under (PDF 2002 KB)

Top of page