Record Display for the EPA National Library Catalog

RECORD NUMBER: 19 OF 24

OLS Field Name OLS Field Data
Main Title PROJECT Model: Evaluates the Value of Supplemental Environmental Projects (SEP) (Version 1.3) (on Diskette).
CORP Author Environmental Protection Agency, Washington, DC. Office of Enforcement.
Publisher Jan 98
Year Published 1998
Stock Number PB98-500408
Additional Subjects Software ; Models-simulation ; Superfund ; Hazardous materials ; Waste management ; Pollution regulations ; Law enforcement ; Liabilities ; Costs ; Violations ; Fines(Charges) ; Penalties ; Payments ; Pollution control ; Pollution abatement ; Remedial action ; Government policies ; Diskettes ; PROJECT computer model ; Supplemental environmental projects ; Settlement(Law) ; Potentially responsible parties
Holdings
Library Call Number Additional Info Location Last
Modified
Checkout
Status
NTIS  PB98-500408 Most EPA libraries have a fiche copy filed under the call number shown. Check with individual libraries about paper copy. NTIS 03/07/1998
Collation 1 diskette
Abstract
PROJECT was developed to assist EPA's enforcement program in its penalty assessment responsibilities. The PROJECT Model evaluates the after-tax, net present value of supplemental environmental project (SEP). Violators propose SEPs to mitigate their penalty liability. SEP's are appearing with increasing frequency in enforcement negotiations. In addition, SEPs allow the Agency to effect some extra environmental improvement. This model allows personnel without any background in accounting or corporate finance to determine the real cost of a SEP to a defendant for settlement purposes. It prompts the user for costs, dates and certain interest and tax rates. It then calculates the actual cost of a SEP to a defendant by reducing the cost of the project to reflect its tax consequences and net-present value. Projected users of this model are the citizen environmental groups, attorneys representing defendants in enforcement actions, and corporate officials with environmental responsibilities. The software will allow them to easily evaluate proposed SEPs in the same way the EPA evaluates them. This provides clearer communication among parties involved in compliance issues. Version 1.3 updates the standard values for inflation and discount rate.