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