What does Potentially Responsible Party mean? Read on to discover the definition & meaning of the term Potentially Responsible Party - to help you better understand the language used in insurance policies.
Potentially Responsible Party
Any individual or organization including owners, operators, transporters or generators potentially responsible for, or contributing to, a spill or other contamination at a Superfund site. Whenever possible, through administrative and legal actions, the U.S. Environmental Protection Agency (EPA) requires PRPs to clean up hazardous sites they have contaminated.
We hope the you have a better understanding of the meaning of Potentially Responsible Party.