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Administration Sends Fifth Bill to BP

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SpartanDem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-11-10 10:48 PM
Original message
Administration Sends Fifth Bill to BP
The Obama Administration today sent a fifth bill for $167.9 million to BP and other responsible parties for response and recovery operations relating to the BP/Deepwater Horizon Oil Spill.

As a responsible party, BP is financially responsible for all costs associated with the response to the spill, including efforts to stop the leak at its source, reduce the spread of oil, protect the shoreline and mitigate damages, as well as long term recovery efforts to ensure that all individuals and communities impacted by the spill are made whole.

To provide full transparency of the ongoing efforts and to ensure that the American public is not held accountable for the costs of response and recovery activities, the Federal Government bills BP and the other responsible parties regularly for costs incurred by the Federal On-Scene Coordinator to support Federal, State, and local response efforts and ensure the Oil Spill Liability Trust Fund is reimbursed on an ongoing basis.

This is the fifth bill the Administration has sent to date. BP and other responsible parties have paid the first four bills, totaling $222 million, in full.

This invoice is based on specific Federal Government expenses that are subject to billing at this time, including expenses associated with the response of over two dozen Federal entities and agencies from four States, in accordance with the Federal On-Scene Coordinator request for assistance process. Federal response activities not subject to billing at this time, including future activities, will be billed to the responsible parties through subsequent invoices. In addition, these bills do not include any other costs for which BP and the other responsible parties are liable to any other party.

http://www.deepwaterhorizonresponse.com/go/doc/2931/857...
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Rosa Luxemburg Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-11-10 11:07 PM
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1. Looks like we we have to 'seize their private jets'
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metapunditedgy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-12-10 12:34 AM
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2. It's "business as usual" until BP execs are in jail. n/t
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