[Code of Federal Regulations]
[Title 40, Volume 24]
[Revised as of January 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 40CFR305.25]

[Page 378]
 
                   TITLE 40--PROTECTION OF ENVIRONMENT
 
         CHAPTER I--ENVIRONMENTAL PROTECTION AGENCY (CONTINUED)
 
PART 305--COMPREHENSIVE ENVIRONMENTAL RESPONSE, COMPENSATION, AND LIABILITY ACT (CERCLA) ADMINISTRATIVE HEARING PROCEDURES FOR CLAIMS AGAINST THE SUPERFUND--Table of Contents
 
                    Subpart C--Prehearing Procedures
 
Sec. 305.25  Informal settlement; voluntary agreement.

    (a) Settlement policy. The Agency encourages settlement of a 
proceeding at any time if the settlement is consistent with the 
provisions and objectives of the Act and applicable regulations. 
Settlement conferences shall not affect the Claims Official's obligation 
to file a timely answer under Sec. 305.22.
    (b) Voluntary agreement. The voluntary agreement shall state that, 
for the purpose of this proceeding, the Claims Official consents to the 
award of a sum certain to the Requestor or in the case of no award, that 
both parties agree to settle the matter. The voluntary agreement shall 
include an order acceptable to both the Requestor and EPA, and shall be 
signed by all parties or their counsel or representatives. A voluntary 
agreement is effective without approval of the Presiding Officer and is 
a final order as defined in this part.