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REMEDIATION CONTRACTING -- CONTRACTOR'S PERSPECTIVE
Pages 30-32

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From page 30...
... The government should increase the use of performance standards over process requirements; innovation and cost reduction will result. CONTRACTING METHOD: The government's current blend of full-value contracting using Requests for Proposals and firm-frYed price bids has been about right.
From page 31...
... The Risk-O-Philes are the contractors that own hazardous waste landfills, transport, treat, store and dispose of hazardous waste and are engaged in other businesses which are much more risky than the cleanup of a well-defined hazardous waste site. The immunity from strict liability does not cover the catastrophic third party liability suit.
From page 32...
... Conversely, the Risk-O-Philes have managed to arrange insurance fronts which can issue insurance certificates at very little costs to them. Requiring Contractor's Pollution Liability written by a rated underwriter in each remedial action contract, supplemented by government indemnification adequate to cover the contractor's exposure, would open competition.


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