To amend the Price-Anderson provisions of the Atomic Energy Act of 1954 to provide for the financial accountability of certain contractors of the Department of Energy, and for other purposes.
Price-Anderson Financial Accountability Amendments of 1989 - Amends the Atomic Energy Act of 1954 to authorize the Attorney General to initiate legal suit to recover indemnification payments made by the Federal Government to a contractor for public liability resulting from the contractor's (or subcontractor's or supplier's) gross negligence or willful misconduct. Precludes the Department of Energy from reimbursing such contractor. Denies such contractor eligibility to receive any Federal contract for a five-year period beginning on the date the recovery is awarded.
Requires the Secretary of Energy to: (1) define by rule the term "total contract price"; and (2) renegotiate indemnification agreements upon contractor request during a specified period.
Committee on Energy and Natural Resources requested executive comment from the Department of Energy and Office of Management and Budget.
Introduced in House
Introduced in House
Referred to the House Committee on Interior and Insular Affairs.
Referred to the Subcommittee on Energy and the Environment.
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