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The government awards contracts to companies with histories of misconduct such as contract fraud and environmental, ethics, and labor violations. In the absence of a centralized federal database listing instances of misconduct, the Project On Government Oversight (POGO) is providing such data. We believe that it will lead to improved contracting decisions and public access to information about how the government spends hundreds of billions of taxpayer money each year on goods and services. Report an instance of misconduct »

General Motors Corp.

Old GM Environmental Liabilities Settlement

Date: 10/20/2010 (Date of Settlement Announcement)

Misconduct Type: Environment

Enforcement Agency: EPA

Contracting Party: None

Court Type: Civil

Amount: $773,000,000

Disposition: Settlement

Synopsis: The United States, 14 states and the Saint Regis Mohawk Tribe entered into a settlement agreement with Chapter 11 debtor Motors Liquidation Company (“Old GM”), formerly known as General Motors Corporation, to settle certain environmental liabilities under the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA), the Resource Conservation and Recovery Act (RCRA) and state environmental laws. Under the agreement, Old GM will pay approximately $641.4 million and will contribute additional non-cash assets (with an estimated value of $120 million) for the cleanup and administration of 89 properties and sites around the country, 59 of which are known to have been contaminated with hazardous substances or waste. Old GM also spent approximately $11.5 million towards the cleanup of the properties during the pendency of the bankruptcy proceeding.