ENVIRONMENTAL DUE DILLIGENCE

Brownfield development begins with due diligence on all aspects of the project. This phase of the deal process is most critical to ensuring that a successful project will be developed. Environmental due diligence is an important phase of the process and can range from reviewing existing environmental reports and documents relating to the property being acquired, to reviewing new technical documents created by the developer’s consultants to determine if there is proper characterization of all environmental liabilities Quite often due diligence activities to support Brownfield development will be ‘fast tracked’. Typical due diligence periods range from 45 to 90 days. It is during this time period that all data must be reviewed and any additional assessments must take place. As a consequence, JCH reviews project documents on an expedited schedule when necessary in order to provide a written summary of the project as quickly as possible. Options for managing environmental liabilities are presented, including preparing a submittal which will be taken to the insurance markets for engineering and underwriting consideration. Meeting deadlines is important in Brownfield development. At JCH, we are with our clients every step of the way to ensure that deadlines are met, and successful closings take place.

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The JCH Difference

When you trust your company’s environmental risk management to JCH, you can rest assured that we have designed a customized risk management program based on all the information, and that the solution we offer is specifically designed to help your company meet its business objectives.