Environmental Risk Communications, Inc. (ERCI) services

Remedy Defender is designed to enable the efficient and accurate pricing and management of environmental liabilities. It allows for probabilistic cost estimating, reserve forecasting, decision analysis, and peer review on single sites as well as subportfolios of sites.

Portfolio Defender aggregates the data from Remedy Defender files in order to provide a comprehensive and all-inclusive, `rolled-up` view of environmental liabilities. This includes customized reports used to manage an entire portfolio of sites, as well as optional workflow documentation and business planning calendars. Furthermore, we provide quarterly archiving and assurance reviews to preserve the audit trail and to ensure data accuracy and integrity. Finally, we provide orientation and training to relevant client staff, contractors, and auditors to guarantee optimal use of Portfolio Defender.

For the same reason that business plans are integral to business success, planning strategies for specific, high priority sites is critical to minimizing the costs relating to that site and to determining the end result once cleanup has been completed. ERCI strongly encourages and works collaboratively with our clients to develop Site Strategic Plans (SSPs) for these specific, high value or high priority project sites. Essentially, these are business plans and decision road maps that lead to optimal solutions for complex environmental liabilities. An SSP provides a comprehensive evaluation of strategic alternatives and documents the rationale for the final strategy selection.

Government Agency Consulting Services: ERCI works with clients to develop appropriate methodologies that accurately manage and price environmental liabilities as well as create and preserve an audit trail for environmental liability estimates.

ERCI provides an independent review and assessment of the current pollution remediation obligations (PROs) including environmental reserves, watch list items, and comprehensive remediation spending. In the course of validating this information, ERCI conducts interviews with key site / portfolio stakeholders, including project managers, environmental division management, and any other relevant parties. ERCI uses its Defender environmental liability forecasting software to accurately price these liabilities.

To ensure our clients are as cost-efficient as possible, ERCI develops tailored systems for tracking and maximizing cost recovery opportunities for our clients. We offer assistance in the following areas: Development of a standardized invoicing template to be used by all contractors. Review of contractor invoices for compliance with standardized template. Identification of available grants / cost recovery vehicles. Assistance in the preparation of submittal packages. Submittal tracking and follow-up.

In today`s world, with a seemingly endless series of mergers, acquisitions, and divestitures, not only do companies change hands, but all of the properties owned by these companies also change hands. Over the course of a property`s history, a complex web of Potentially Responsible Parties (PRPs) can develop, including numerous owners, operators, lessees, arrangers of disposal or treatment of hazardous substances, and transporters of those substances. It is not unusual for there to be hundreds of PRPs for a single contaminated property. In addition, current legislation imposes joint and several liability and treble damages to a property`s respective group of PRPs. Therefore, a PRP contributing only a fraction of the waste at a site could conceivably be liable for significantly more than their fair share of clean-up costs, should other PRPs fail to remain financially solvent.

Contaminated sediments, whether in freshwater or marine systems, pose a significant environmental challenge within the United States and around the world. Cost estimating for sediment-related cleanup projects is a persistent challenge for financial professionals and planners charged with estimating these types of cleanup efforts because estimating the true costs of such projects is tremendously difficult and riddled with high degrees of uncertainty.

Project controls is the development of a project plan and the subsequent monitoring of the actual performance against the original plan throughout the project lifecycle. Elements of a project`s plan includes costs, schedules, and resources. Project controls utilize accounting and engineering expertise to continually assess whether a project will be completed on schedule and within budget.