Signature Differentiator
Complete Risk Transfer™
We form a special purpose entity to assume complete liability for, and perform, all remedial work required by law. Spirtas Worldwide executes the permits and orders required by regulators to complete remediation on-site — supporting property sales, mergers, portfolio dispositions, and balance sheet management.
How It Works
Assess the obligation
We evaluate the property's historic environmental and structural liabilities alongside your regulators and counsel.
Structure the transfer
A special purpose entity is formed to assume complete liability for, and perform, all remedial work required by law.
Execute the permits
Spirtas Worldwide executes the permits and orders required by regulators to complete remediation for existing on-site conditions.
Close the balance sheet item
The obligation is fully resolved — supporting a property sale, merger, portfolio disposition, or straightforward balance sheet cleanup.
Certain properties retain value in spite of a Complete Risk Transfer™ — in those cases, Spirtas Worldwide will pay for the facility. In other cases, owners may opt to pay Spirtas Worldwide for the service, which requires extensive remedial planning and action.