A letter report issued by the Government Accountability Office with an abstract that begins "According to studies, the United States provides less commercial space launch indemnification for third party losses than China, France, and Russia. These countries put no limit on the amount of government indemnification coverage, which in the United States is limited by the Commercial Space Launch Act Amendments of 1988 (CSLAA). Governments commitments to pay have never been tested because there has not been a third party claim that exceeded a private launch companys insurance."
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Description
A letter report issued by the Government Accountability Office with an abstract that begins "According to studies, the United States provides less commercial space launch indemnification for third party losses than China, France, and Russia. These countries put no limit on the amount of government indemnification coverage, which in the United States is limited by the Commercial Space Launch Act Amendments of 1988 (CSLAA). Governments commitments to pay have never been tested because there has not been a third party claim that exceeded a private launch companys insurance."
This report is part of the following collection of related materials.
Government Accountability Office Reports
The U.S. Government Accountability Office (GAO) is an independent, nonpartisan agency that works for the U.S. Congress investigating how the federal government spends taxpayers' money. Its goal is to increase accountability and improve the performance of the federal government. The Government Accountability Office Reports Collection consists of over 13,000 documents on a variety of topics ranging from fiscal issues to international affairs.
United States. Government Accountability Office.Commercial Space Launches: FAA Should Update How It Assesses Federal Liability Risk,
report,
July 30, 2012;
Washington D.C..
(digital.library.unt.edu/ark:/67531/metadc296631/:
accessed April 26, 2018),
University of North Texas Libraries, Digital Library, digital.library.unt.edu;
crediting UNT Libraries Government Documents Department.