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As mentioned above, uncertainty over cleanup costs and liability concerns constrain investment or redevelopment of contaminated properties. Over 95% of all cleanups can be completed for less than $1 million. Nevertheless, secured creditors, prospective purchasers, and property owners seek protection for costs far exceeding REMEDIATION cost estimates. Multi-year protections against government reopener of a completed project are also desired.

Lomax seeks to guarantee cleanup cost estimates for REMEDIATION projects ranging from $50,000 to $10 million. Cleanup projects may range from petroleum hydrocarbons or other organic compounds to the REMEDIATION or destruction of soils contaminated by heavy metals. In many instances, ECI is written with SLEEP coverage, contractors’ professional liability or site specific pollution liability. Voluntary cleanups and "Brownfield’s" are the primary targets for this program.
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Lomax Solutions, LLC.
P.O. Box 307 Blue River, Oregon 97413
Phone: 714-955-1560
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