To enhance efforts to assess and clean-up leaks from underground storage tank petroleum leaks and to create or retain jobs, the United States Environmental Protection Agency (“EPA”) has awarded $197 million in funding under the American Recovery and Reinvestment Act of 2009 (“The Act”). The State of Wisconsin will be eligible for a portion of this funding in the form of cooperative agreements for shovel-ready sites to address leaks from tanks where the responsible party is unknown, unwilling, unable to pay or the clean-up is an emergency response.
EPA regional underground storage tank programs will enter into to cooperative agreements in the states in the coming months. These agreements will include more detailed information as to how Wisconsin intends to spend any funds awarded to it.
EPA believes the awarding of these funds will assist in the assessment and remediation of at least 1,600 clean-ups around the country.
This client alert is one of a series designed to provide summaries of the American Recovery and Reinvestment Act of 2009 ("The Act") and information and guidance regarding opportunities and relief made available through The Act. All of The Act client alerts are available on Michael Best's Stimulus and Economic Recovery Team publications page. For additional information on this topic, please feel free to contact one of the authors of this alert or your Michael Best attorney.
If you are interested in learning about other provisions included in The Act, the Michael Best Stimulus and Economic Recovery Team is prepared to assist you in understanding the implications and in developing and implementing a strategy to secure the benefits of this unprecedented legislation. Specifically, we will assist you to identify opportunities, prepare appropriate proposals and make targeted contacts to secure funds. We will also work with you to ensure that your applications are tailored to meet your needs and that your funded projects proceed in compliance with award requirements and applicable laws.