Environmental Liability Transfer Services

Typically, we can save out-of-pocket costs for our clients by incorporating remaining investigation into remediation. At the future Skillman Villagesite in Montgomery Township, NJ, WESTON identified ways to reduce the original estimated cost by over $3 million, and reduced that amount—in full—from the contract.

We purchase properties outright or through a jointly held entity comprising WESTON, a public partner, and an equity or developer partner. We can also identify a specific end-user and/or developer to participate at an early stage.

Our process involves risk quantification—evaluating long-term O&M, risk-based remedial alternatives, regulatory, political, and public sensitivities, and legal implications, both natural resource damages (NRDs) and toxic tort. Peer review is also performed to evaluate technical efficiency, likelihood of regulatory approval, and insurability, which eliminates additional contingencies and minimizes program cost and risk.

Our 50-year history and financial strength, plus competed finite insurance programs, trusts and bonds, and gap analyses performed by third-party legal or broker claims consultants protect our clients.

Our ELT services resolve enforcement actions, litigations, and third-party claims, stem investigation expenses, provide remediation work at a guaranteed cost, and enhance facility and property value.

• Maximized savings and quicker return to productive use through integrated remediation and redevelopment.
• Future liability protection through innovative risk management strategies.
• Market-based insurance pricing and coverage through competing insurance.
• Enhanced property value.