Our team approach to environmental program management is based on building partnerships between stakeholders: our client and its consultants and contractors, regulatory agencies, property owners, community members and other stakeholders. Fostering these relationships allows for the development of common goals, invites innovative solutions, and effectively evaluates and manages project risk. It also identifies and reduces uncertainties which can delay progress. BSI takes pride in our ability to work on remediation sites with multiple stakeholders and has a track record of delivering significant cost savings for our clients.
For many of our sites, we conduct remedial Project Management as well as Construction Management. BSI manages some of the largest, complex, and most sensitive Superfund and RCRA Corrective Action projects in the US. Many sites have significant external stakeholder involvement and our teams participate in strategy development and public meetings to achieve positive stakeholder involvement.
BSI has a wide breadth of environmental reserve estimation experience, that includes cost estimation and management from small projects to projects with hundreds of millions of dollars in estimated liabilities. Our work includes tracking budgets and reserves for single projects, as well as large portfolios of site. BSI budget tracking tools range from spreadsheets to customized database applications. We work with clients to track spending against budgets for all environmental liabilities, including remediation projects, Superfund sites, and Toxic Tort cases.
BSI project managers routinely prepare cost estimates for remediation projects, including estimates for corporate reserves, financial assurance, construction costs, and operation and maintenance costs. Our team uses cost estimating tools such as R.S. Means, WinEst Pro, and Monte Carlo, as well as other models. Since we maintain constructive relationships with large remedial contractors, we supplement these estimates with actual cost data.
All too frequently, remediation sites can end up as stranded assets. Environmental remediation may be complete, but real estate doesn’t have the resources to handle a distressed property and soon the property is forgotten because carrying costs don’t impact the bottom line. BSI has the experience and expertise to provide a sound solution for these surplus properties. Our approach emphasizes sustainable use and long-term stewardship by creating innovative value-add divestment strategies to mitigate liability and risk. Features such as engineered wetlands, solar arrays, walking trails and ecological centers can be incorporated into the future use while also serving as engineering controls to manage risk.