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Studies, Strategies and Property Transactions
We prepare geologic and
hydrogeologic study plans and studies as required by state or
federal regulatory agencies. Our project plans and studies
adhere to the client's time and financial constraints. At the
same time, however, we recognize the importance of providing
accurate, thorough, and concise information to the regulating
authority in order to avoid bureaucratic delays, such as
"red tape", changing requirements, and regulatory
indecision. Our geologic and hydrogeologic knowledge coupled
with our knowledge of the regulatory system saves you time and
money.
Additionally, we will work with
you and your lending institution to provide the required environmental
evaluation for property transactions, or re-financing.
GeoForensics, Inc. provides the
following types of regulatory plans and studies:
- Risk-based strategies to
evaluate environmental problems and minimize costs
- Strategies to mitigate
wetlands and move projects to completion
- Remedial investigations
to define the nature and extent of environmental
problems
- Feasibility studies to
compare alternative solutions
- Remedial action plans to
solve the problem cost effectively
- Hydrogeologic studies to
determine the fate and transport of chemicals in the
environment
- Environmental
assessments for property transactions (See Property
Transaction Section)
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Property Transactions
Purchasing and selling
property involves both a financial and a regulatory
concern. Appropriate inquiry and evaluation help reduce
each of these concerns through the following types of
documentation:
- Pre-Sale and Post-Sale
Evaluation for liability protection
Even when not required, it is wise to collect
environmental data on a property, both when you purchase
the property and when you sell it; this will document
the property's condition for future environmental
defense or environmental cost recovery.
- Phase I, II and III
Environmental Assessments for appropriate inquiry.
Lenders require an environmental evaluation of property
before approving a loan to assure the integrity of their
loan and the property.
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Cost Allocation Strategies
When projects involve multiple responsible parties with mixed
wastes, determining how the cost of investigation and cleanup
will be allocated is difficult and a source of intense
disagreement. GeoForensics, Inc. has developed scientifically
based, site-specific formulas to allocate costs among parties
addressing an environmental problem.
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