Services
Sophisticated lenders and savvy business owners turn to BLDI for environmental services when the financial stakes are high. Our clients benefit from our extensive experience with complex environmental assessment, remediation, and site closure projects. And we bring our nuanced understanding of business, financial, and legal risks to every project. Together, this blend of experience enables us to work with our clients to minimize their costs and maximize the value of their business assets.
Environmental Due Diligence and Risk Management
BLDI provides environmental risk identification, assessment, quantification, and mitigation services to lenders, private equity firms, purchasers and sellers of businesses and real estate.
Phase I & Phase II Environmental Site Assessment (ESA)
The Phase I Environmental Site Assessment (ESA) (ASTM E1527-05) is the first step in the traditional Environmental Due Diligence (EDD) process and is generally used in environmental liability assessment and mitigation, quantification, and risk assessment. BLDI’s guaranteed schedule of 10 Business Days or Free!™ helps clients get data on the environmental status of the property quickly to help keep the deal process flowing.
Loan Workout/Special Assets Group (SAG)
BLDI supports the environmental needs of workout professionals and Special Asset Groups (SAGs) within lending institutions through environmental risk management and mitigation throughout the workout and foreclosure process.
Cleanup and Remediation
BLDI's staff has experience in Superfund, Part 201, and Part 213 (UST) projects as well as developing and preparing cost allocations and fair value assessments under FAS 141-b.
UST Cleanup
We have experience diagnosing and remedying a wide range of underground storage tank emissions. Our expertise in properly documenting UST issues has enabled 100% of our clients secure remediation payments from their insurers.
Forensic Engineering
It is all too common that the source of contamination cost and responsibility is a subject of contention and litigation. Component failure analysis, historical research, and groundwater/contaminant modeling are only a few of the components of the comprehensive effort used to assess these impacts and risks to businesses and individuals. BLDI has provided forensic engineering and expert witness services for projects in Michigan, Ohio, Indiana, Missouri and New York.
Environmental Insurance Claims
BLDI has a strong positive record in assisting clients to submit and coordinate claims under environmental liability insurance policies, including tank insurance policies. BLDI's expertise in engineering, geology, and forensic methods have resulted in our clients gaining coverage in the vast majority of situations.
Emergency Environmental Response
BLDI has developed emergency response systems that include 24-hour on call staff, contractor coordination, and pre-determined response protocols.