Resource Economics and Cost Analysis
Cardno ENTRIX has extensive experience helping companies manage the financial and economic aspects of their natural resource and environmental liabilities. We use a broad portfolio of quantitative tools that allow clients to measure, manage and monitor their risks, opportunities and business performance. Understanding the total scope of liability associated with a site or portfolio of sites is critical to any successful liability management strategy. Cardno ENTRIX staff are skilled with tools like life-cycle costing and have worked with clients of all sizes, including major corporations with well over $1 billion in environmental liabilities, to develop effective strategies for extinguishing current and future liability, which benefits both the environment and the bottom line.
Cardno ENTRIX routinely uses sophisticated financial and statistical models to highlight factors that can drive cost increases or reductions. In addition, our decision analysts provide detailed evaluations of specific sites to help clients identify and develop programs and project management systems that reduce and track their costs and exposures.
Cardno ENTRIX is also skilled in helping clients negotiate with regulators concerning natural resource and environmental liabilities. Our Net Environmental and Community Benefits Analysis (NECBA) is well received by the agency community and provides a valuable framework for implementing Green Remediation. The tool quantifies all of the financial, social, and environmental impacts of alternative remedial strategies based on the CERCLA Nine Criteria. Our probabilistic models of future costs and liabilities have proven effective in settlement negotiations for remedial alternatives and natural resource damages.
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