Obama Administration sends fourth bill to British Petroleum

July 14th, 2010 - 3:55 am ICT by BNO News  

WASHINGTON D.C. (BNO NEWS) – The Obama Administration on Tuesday sent the fourth bill to British Petroleum (BP) and other responsible parties for response and recovery operations related to the BP/Deepwater Horizon Oil Spill, officials said.

The bill sent to BP totaled $99.7 million. BP, as a responsible party, 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 limit damages, and long term recovery efforts for the benefit of individuals and affected communities.

The federal Government bills BP and the other responsible parties to avoid American citizens from being held accountable for the costs of the response and recovery activities. These actions also provide full transparency of the ongoing efforts.

BP and the other parties have already paid the three previous bills totaling $122.3 million. The payments also ensure that the Oil Spill Liability Trust Fund is reimbursed on an ongoing basis. The expenses are related to the response of over two dozen Federal entities and agencies from three States, in accordance with the Federal On-Scene Coordinator request for assistance process.

The United States Coast Guard is responsible for managing the Oil Spill Liability Trust Fund to ensure rapid response to oil spills, to compensate individuals and communities harmed by oil spills, and to ensure that the costs of response and cleanup are paid by the responsible parties.

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