What We Do
Potential responsible parties (PRP) groups face challenges
Working with Superfund sites over the past few decades has provided us with the insights necessary to address the financial considerations faced by the PRP groups. Prior to engaging a financial advisory team the PRP group must have already worked with attorneys and accountants on a multitude of requirements, including setting up the trust, creating an investment committee, dealing with Remedial Investigation and Feasibility Studies, determining initial estimated costs, budgets, and ongoing requirements.
We have the experience to deal with the financial needs associated with the uncertainty of the low and high range of project costs, the parallel timeline requirements for costs associated with remedial design/remedial action (RD/RA) and lower costs of maintenance and monitoring (OM&M) work, effectiveness of technologies, and commitment based on the project.
We understand that not every site will have a lifetime commitment, many will have a long and unpredictable tail, while others do have a perpetual timeline with uncertain long-term costs. The financial programs we can provide are designed to deal with the requirements set up by the Superfund investment committee based on the established trust documents.