| Reasonable Cost Guidelines 2001 - Third Party Liability Eligibility
Criteria: Article 5, Part2
5-2-1.
ELIGIBILITY CRITERIA
(1) Eligibility criteria pertaining to
applicants, releases, or sites established by statute, regulation or Committee
policy apply to third-party claims in the same manner as to cleanup claims.
(2) No initial claim pertaining to
third-party liability will be considered potentially eligible for reimbursement
until allowable third-party liability costs claimed exceed $25,000, unless the
applicant is eligible for Fund benefits as a person bearing no responsibility
for the release pursuant to §8-20.5-206(3) or §8-20.5-303(3) C.R.S. [Note: The
$25,000 deductible for third-party liability claims is separate and apart from
the $10,000 deductible applied to the reimbursement for cleanup costs.]
5-2-2.
PERCENT REDUCTIONS
(1) Any percent reductions applied
pursuant to §8-20.5-104(4)(d)(1) C.R.S. apply to third-party liability
reimbursement as well as to reimbursement for remediation costs.
5-2-3.
REIMBURSEMENT DIRECTLY TO THIRD PARTY NOT PERMITTED
(1) No reimbursement will be made
directly from the Fund to the third party.
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