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<classification authority="sudocs">GA 1.13:RCED-95-46</classification>
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 <subject>Environmental monitoring</subject>
 <subject>Liability (legal)</subject>
 <subject>Hazardous substances</subject>
 <subject>Waste disposal</subject>
 <subject>Administrative costs</subject>
 <subject>Claims settlement</subject>
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 <title>Superfund: Legal Expenses for Cleanup-Related Activities of Major U.S. Corporations</title>
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<abstract>Under the Superfund program, parties responsible for hazardous waste
sites that are contaminating the environment are liable for cleanup
costs. Responsible parties can include generators of hazardous waste
deposited at the sites, transporters of the waste, and site owners and
operators. In addition to cleanup costs, responsible parties must also
pay legal expenses to allocate the cleanup costs among themselves, to
settle with the government, or to litigate liability for cleanups.
Responsible parties have complained that these costs--called transaction
costs--are high and represent too large a portion of their total
Superfund expenditures. GAO surveyed Fortune 500 companies to determine
how much responsible parties have spent on cleanup and legal costs at
Superfund sites and to identify factors that these parties believe have
increased or decreased their legal costs.</abstract>
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 <topic>Environmental monitoring</topic>
 <topic>Liability (legal)</topic>
 <topic>Hazardous substances</topic>
 <topic>Waste disposal</topic>
 <topic>Administrative costs</topic>
 <topic>Claims settlement</topic>
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