Enforcement

Sample Corporate Guarantee - Orders

FA Corporate Guarantee-Orders (.Doc/.Docx, 5 pp, 31 K)

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Model Information

04/06/2015

06/08/2016

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Document Overview

Sample corporate guarantee agreement for use as a financial assurance mechanism in a CERCLA unilateral administrative order. In general, through these guarantees, entities affiliated with potentially responsible parties (PRPs) guarantee the payment or performance of the PRPs’ cleanup obligations under orders if such PRPs are unable to do so. Guarantees are predicated on the guarantors’ ability to satisfy financial criteria and reporting requirements specified in orders.

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.

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Revision History

Update URLs
06/08/2016

  • Updated Agency URLs on last page of model.

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