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Site Solutions
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TRC financial solutions that turn environmental liabilities into corporate and community opportunities. TRC's innovative Exit Strategy program is a liability and risk transfer mechanism that allows corporate and public entities to outsource their environmental compliance obligations.
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| Typical applications of the Exit Strategy Program include: |
Acquisitions, Divestitures, and Mergers: Facilitating mergers, acquisitions and divestitures, including property sales, that might not otherwise occur because neither the buyer nor the seller wishes to be responsible for past environmental issues.
Discontinued Operations: Relieving customers of the burden of maintaining environmental compliance support to closed or sold facilities.
Multi-party Superfund: Assuming responsibility for multi-party "Superfund" sites where the differing interests of a large number of parties result in legal and administrative costs that significantly increase the project costs over and above the actual cleanup costs.
Brownfields: Developing “brownfields" real estate sites after resolving environmental issues that have a significant impact on property market value.
Bankruptcy: Providing absolute cost certainty to assets subject to bankruptcy proceedings relieving the estate and other stakeholders of environmental claims. |
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