News & Blog

ERMI named as an FDEP Agency Term Contractor

On January 15th, 2014, ERMI was selected as an FDEP Agency Term Contractor (ATC) pursuant to its Solicitation No. 2014004C, entitled “Invitation to Negotiate (ITN) for the Petroleum Contamination Site Response Action Services.” ERMI is honored to have been selected as an ATC, and looks forward to helping property owners achieve regulatory file closure for… Read More...

Assessment Funding available through LSSI

The Low-Scored Site Initiative (LSSI) provides up to $30,000 of assessment funding to assess low scored sites that are eligible for the petroleum cleanup program. The purpose is to sample sites that have not had State-funded work in many years to determine if the contamination file can be closed. Most low scored sites have not… Read More...

Environmental Management Plans: Maintaining Property Values

These rules and programs have offered a solution to existing property concerns, as well as a method to prevent future concerns. They can help maintain a property’s value by keeping environmental conditions from deteriorating, and by safely containing potential contaminants.   Read More...

Determining the Actual Value of Impacted Properties

Initially, impacted properties do have reduced value—but sometimes, that is exactly what can make them strong investment opportunities. Because if the environmental impact can be quantified, the value of the property (including the impact) can be appraised. Decisions regarding the purchase price, loan amount, loan to value, resale potential, and overall credit decisions can all… Read More...

Lender Liability and the Financing of Impacted Properties

In 1986, Congress passed an amendment to Superfund known as the Superfund Amendment and Reauthorization Act (SARA).  This amendment incorporated a very commonly used phrase: “all appropriate inquiry consistent with good commercial practice”—a phrase sometimes referenced simply by the acronym “AAI.” The concept of AAI is based on the ancient principle of caveat emptor (“buyer… Read More...

ERMI is Still Ready to Protect Florida’s Residents and Resources

ERMI is accustomed to taking precautions for potentially hazardous materials. So when Governor DeSantis issued stronger statewide directives last week, ERMI had already made adjustments within our offices that enable us to both operate and comply simultaneously. Most ERMI personnel are fully equipped with home workstations, allowing our work to continue. Some staff report to… Read More...