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EPA Plans 'Special Account' Guidance To Attract Developers To Superfund Sites

February 09, 2018
EPA has drafted guidance that is expected to open up Superfund's "special account" funds to provide money to bonafide prospective purchasers (BFPPs) as an incentive to conduct work on Superfund sites, highlighting one of several initiatives under EPA's Superfund reforms aimed at enticing developers to redevelop cleanup sites. It is unclear how much of the funds would be made available because consent decrees between the federal government and potentially responsible parties (PRPs) at sites restrict use of the settlement funds...

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