RISK MANAGEMENT
One distinguishing factor for organizations and people is the amount of risk they are willing to take. Our job as an environmental consultant is to advise our clients on the level of environmental risk associated with a decision they need to make. KTA specializes in providing our clients with high-level evaluation of risk associated with transactions. We work directly for the developer, financial institution, insurer, or attorney to provide this service.
KTA’s service does not stop with the completion of the risk assessment. We also assist our clients in developing strategies to mitigate risk. We utilize probabilistic software tools to support and communicate our risk assessment findings. Further, we have years of experience providing this service on transactions ranging from $50,000 to over $6B. This experience allows KTA to put environmental risks and mitigation strategies into proper context (i.e., dollars) so they can be effectively communicated.
EXAMPLES OF RISK MANAGEMENT SERVICES OFFERED
- Phase I Environmental Site Assessments for property and facilities throughout North American in accordance with ASTM requirements.
- Phase II Environmental Site Assessments for property and facilities throughout North America in accordance with State, Province, and Federal requirements.
- Customized Environmental Risk Evaluations including the probabilistic analysis for costs associated with environmental contamination at property subject to purchase.
- Support clients obtaining insurance designed to limit liability associated with the purchase of contaminated property.
