LIABILITY
ASSUMPTION
Key elements of our Liability Assumption Program include:
1
Complete environmental risk assumption by IDA with a robust corporate indemnification, risk management and insurance program at a guaranteed fixed price
2
Comprehensive assessment of the asset/property to be divested including:
Environmental history
Applicable permits, orders, other regulatory drivers
CCR impoundments and landfills
Ground and surface water issues
All related onsite assets and liabilities
Redevelopment constraints
3
Comprehensive financial analysis of liabilities and costs including:
Demolition
Asbestos abatement
Environmental remediation
All sitework necessary to comply with all state or federal regulatory requirements
4
Flexible and creative financing options including:
Placement of remediation funds into escrow accounts for release upon completion of mutually established milestones and confirmation by an independent engineer
Guaranteed income products
Deferred payment plan options
5
Best risk management and securitization program in the industry including:
Pollution Legal Liability Policy
Excess of Indemnity Policy
Contractors Pollution Liability Policy
Bonding
Collateralization