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The OSC also must require implementation of the worst case portion of the tank vessel and Facility Response Plans and the Area Contingency Plan. Section 300.355 provides funding for responses to oil releases under the Oil Spill Liability Trust Fund, provided certain criteria are met.
The plan may also include standing policies to mitigate a disaster's potential impact, such as requiring employees to travel separately or limiting the number of employees on any one aircraft. During times of crisis, contingency plans are often developed to explore and prepare for any eventuality.
The George W. Bush administration put the Continuity of Operations plan into effect for the first time directly following the September 11 attacks.Their implementation involved a rotating staff of 75 to 150 senior officials and other government workers from every federal executive department and other parts of the executive branch in two secure bunkers on the East Coast.
The FDIC discuss liquidity risk management and write "Contingency funding plans should incorporate events that could rapidly affect an institution’s liquidity, including a sudden inability to securitize assets, tightening of collateral requirements or other restrictive terms associated with secured borrowings, or the loss of a large depositor ...
The decree also establishes protocols for a contingency plan in emergency situations in which it is "necessary to affect electrical service in a planned and sustained manner for more than 72 hours."
The Logistics Civil Augmentation Program (LOGCAP) is a program administered by the US Army to provide contingency support to augment the Army force structure. The first three contracts (and all task orders under them) were awarded to a single bidder in each round of competition ( KBR for the first and third contracts and DynCorp for the second ...
The National Oil Spill Detection and Response Agency (NOSDRA) is an agency under the Federal Ministry of Environment in Nigeria.It was instituted by the National Assembly of the Federal Republic of Nigeria act of 2006 with the core mandate to oversee the implementation of the National Oil Spill Contingency Plan (NOSCP) which also incorporates the National Oil Spill Contingency System (NOSCS ...
The European Union created a vast contingency fund in 2010 to counteract the Great Recession. [1]European finance ministers, the European Central Bank (ECB), and the International Monetary Fund (IMF) took steps to address the government debt crisis in Europe, which began in Greece by establishing a joint EU-IMF program to provide access to nearly $1 trillion in loans for the 16 eurozone ...