Success in liability transfer programs is measured with both parties being satisfied with the negotiated outcome. KEY assists our “buy side” clients by providing Phase 1 and engineering reviews of the project property during negotiation.
KEY has assisted our clients in getting a true evaluation on the long-term financial obligations for these properties. This has assisted the owner or acquiring firm to provide the necessary funding, insurance and contractual obligations required to protect both the environment and corporate balance sheets.
After the sale is closed, KEY and our affiliate FTS assist 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 firms to maintain the fiscal, regulatory and community impacts for the impacted sites. KEY can support these efforts by evaluating the property, using creative remedies, and engaging all of the Stakeholders.
Once the “ink has dried” on the contracts, KEY’s geologists, engineers, regulatory experts, and scientists begin investigating and designing the cost-effective, environmentally protective systems to ensure that all of site obligations are met and, in many cases, exceeded. Our affiliate Field & Technical Services can immediately provide support for sampling and other "daily" regulatory obligations.
On one project, KEY’s evaluation of historic documents not only uncovered previously undocumented liabilities, but also provided critical evaluations of possible future groundwater considerations. These allowed our client the opportunity ensure that all financial needs were included in the final negotiation. To ensure that both the seller and the buyer were protected for the long-term management of the property.
By utilizing the experienced talent for the full solution of the liability transfer projects, KEY ensures success for our clients, stakeholders, and most importantly, the “health” of the environment.