I recently presented a study for the Environmental Bankers Association Risk Management Committee entitled “How Do RECs Slip Through the Cracks?” As the CEO of Partner Engineering and Science, a national due diligence and engineering consultancy, and as a registered civil engineer, I have overseen thousands of environmental due diligence assessments. There are many reasons errors and missed RECs occur, from improper due diligence, to lenders not requiring a full Phase I Environmental Site Assessment, to risk interpretation between transaction stakeholders. It is important to understand the full scope of environmental assessments based on lender need, current regulations, and risk tolerance.
To see my full talk, click on these slides.
October 06, 2023
Under the EPA’s proposed regulations, any detectable amount of lead dust found while conducting an assessment will be considered ‘hazardous’ and will require remediation. By Carlton Gordon | Published on […]
October 06, 2023
Under the EPA’s proposed regulations, any detectable amount of lead dust found while conducting an assessment will be considered ‘hazardous’ and will require remediation. By Carlton Gordon | October 06, […]
October 04, 2023
Project Risk Profiles Shifted: Impact on Lenders, Borrowers, and Developers While there are many moving pieces in the works, the final rule clarified that effective immediately, USACE districts have resumed […]
