Success in "liability transfer" projects is measured when both parties are satisfied with the negotiated outcome. KEY assists our “buy side” clients by providing Environmental Site Assessments and Engineering Reviews in support of our client’s negotiations.
KEY assists our clients in ascertaining a true evaluation of their long-term financial obligations. This supports the buyer in funding, insurance, and contractual obligations required to protect both the environment and corporate balance sheets.
After the sale is closed, KEY assists our clients with the permit transfers, regulatory negotiations, sampling, groundwater management, and development of engineering plans for site remedial actions.
Managing long-term environmental liabilities requires maintenance and financial discipline to ensure the regulatory and community impacts are met. KEY supports these efforts by evaluating the property, using creative remedies, and engaging all of the stakeholders.
Once the “ink has dried” on the agreements, KEY’s geologists, engineers, regulatory experts, and scientists begin investigating, evaluating, and designing environmentally protective systems. Our affiliate FTS can provide support for day-one requirements for sampling, system operation, and site compliance.
For one client, KEY’s evaluation of historic documents not only uncovered previously undocumented liabilities but also provided a critical evaluation of future groundwater considerations. This discovery allowed our client to negotiate for additional monetary commitment.