INDUSTRY SAFETY DATA PROGRAM BINDING MEMORANDUM OF AGREEMENT between THE BUREAU OF TRANSPORTATION STATISTICS and [INDUSTRY PARTICIPANT]Memorandum of Agreement • June 15th, 2020
Contract Type FiledJune 15th, 2020The purpose of this Memorandum of Agreement is to create a legally binding relationship between the US Department of Transportation’s Bureau of Transportation Statistics (BTS) and individual operators, drilling contractors, and service providers (collectively, the “Participants”) operating on the Outer Continental Shelf. The goal of creating these binding relationships is to harness the collective expertise, experience, and knowledge of the Participants, and the independence and statistical capability of BTS in the collection, analysis, and sharing of statistical reports for the identification of potential areas for improved operational and safety focus by Participants.