Both the contractor qualifications and the individual
project must be reviewed to determine if the ECI
program can be utilized. Our experienced environmental
professionals streamline the review process so
that cleanups can begin, or continue, without delay.
A two-step underwriting sequence is implemented.
First, the REMEDIATION contractor is approved.
ECI reviews the contractor’s technical qualifications,
performance on prior REMEDIATION projects, the
standard REMEDIATION contract, cleanup guarantee
suggested language, and standard unit cost rates for labor, equipment and materials.
Standard contractor underwriting factors are obtained from the REMEDIATION
contractor application, such as current and past revenue and experience of
the firm and key personnel.
Once the contractor is approved,
each project is approved. A simple, one-page application is used for each site. |