Sample Trust Agreement - Settlements
FA Trust Agreement-Settlements (.Doc/.Docx, 12 pp, 40 K)
Model Information
04/06/2015
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Sample trust agreement for use as a financial assurance mechanism in a CERCLA settlement agreement. In general, through trust agreements, potentially responsible parties (PRPs) establish trust funds to ensure that funds are available to pay for such PRPs’ cleanup obligations under settlement agreements.
Supporting Documents
Issuance of CERCLA Financial Assurance Guidance, Updated and New Sample Mechanisms, and Model Language Provisions for Unilateral Administrative Orders
Date: 04/06/2015
Includes information relating to FA mechanisms that may be available to PRPs to satisfy their FA obligations under settlements and orders for remedial and removal actions.