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.
March 26, 2025
New Jersey Senate Bill 2188 introduces new requirements in which all New Jersey building owners, New Jersey Department of Health (DOH), New Jersey Department of Environmental Protection (DEP), and public water utilities will need to comply to prevent the transmission of Legionnaires’ disease.
March 24, 2025
The U.S. Environmental Protection Agency (EPA) has issued updated regulations for several chemicals under the Toxic Substances and Control Act (TSCA) Section 6(a). These new regulations list EPA's Existing Chemical Exposure Limits (ECELs).
March 06, 2025
Beyond the immediate damage caused by flames, residual damage caused by smoke and soot can leave lingering effects requiring thorough restoration and clean-up of your commercial or residential property. Understanding the smoke damage cleanup process and knowing what to expect can help commercial and residential property owners navigate this challenging time more effectively.
