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.
December 04, 2024
Partner Engineering and Science, Inc. is pleased to announce the appointment of Nik Van Vliet as its newest commercial lending specialist, bringing over 17 years of expertise in commercial lending and specialized SBA financing to the organization.
November 19, 2024
New Contamination Rate Data Could Help Banks Better Assess Environmental Risk By Kathryn Peacock, Principal, Partner Engineering and Science, Inc. Originally Published in The RMA Journal Kathryn Peacock’s article, featured […]
November 19, 2024
A Practical Guide to PFAS: From Phase I ESAs to Remediation Following the EPA’s 2024 ruling designating PFOA and PFOS as hazardous substances under CERCLA, managing PFAS risks in environmental […]
