The Brownfields
Program 



Remediation Cost Cap

Environmental Contract Insurance (ECI)

Target Market

Coverage Highlights

Limits, Deductibles
and Premiums

Contractor & Project
Underwriting

Issuing Carriers and
Key Points

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REMEDIATION COST CAP

Some of the nations most valuable real estate has been abandoned or otherwise underutilized because it is known to be contaminated. Many costs associated with cleaning up contaminated sites are subject to uncontrollable variables. The uncertainty associated with the extent of site contamination, the contractor's performance, as well as regulatory and legislative changes make it difficult to forecast the total investment that will be required with REMEDIATION projects.

Environmental Contract Insurance (ECI) proves to be a critical risk management tool for investors, current owners, regional development authorities and secured lenders. The ECI program gives budgetary control back to the project owner by providing a guarantee of the cost of REMEDIATION. The ECI program also provides a select group of consultant /contractors (contractors) the opportunity to propose a fixed price contract that is supported by an insurance company.