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Environmental Monitoring -- Offshore Minerals Management		 United States Department of the Interior

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Oil Spill Financial Responsibility

To ensure that each offshore owner/operator has funds available to carry out the response and cleanup activities identified in their Oil Spill Contingency Plan (OSCP), the MMS requires that they post a bond with the agency. Bonding requirements range from $10,000,000 up to $150,000,000 based on the worst-case discharge volume.

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Last Updated: 07/15/2008, 08:57 AM

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