Common use of SEP Clause in Contracts

SEP. In accordance with the State Water Resources Control Board Policy on Supplemental Environmental Projects and State Water Resources Control Board Resolution No. 2018-0015, the Parties agree that the payment of the SEP Amount will be treated as a suspended administrative civil liability for purposes of this Stipulated Order. The Settling Respondent’s SEP obligations will be satisfactorily completed upon the date of issuance of the San Francisco Estuary Institute’s written notification to Regional Water Board staff and the Settling Respondent to acknowledge that the Regional Monitoring Program received the SEP Amount from the Settling Respondent and the payment will be spent on the project described in Section III, Paragraph 1.b.i, and Attachment A in accordance with the terms of this Stipulated Order.

Appears in 2 contracts

Sources: Settlement Agreement and Stipulation for Entry of Administrative Civil Liability Order, Settlement Agreement