WSP is a market leader in delivering solutions that extinguish environmental liabilities.
Our land restoration and ground engineering experts have a successful track record worldwide characterising and remediating contaminated sites and achieving environmental restoration.
This experience with projects of all shapes and sizes, built up over 25 years, has enabled us to develop practical liability solutions including the innovative ‘Active Transfer’.
Active Transfer – at a glance
Active Transfer is a game-changer. For an agreed, one-off fee WSP will assume responsibility for managing known and unknown obligations associated with a site. This allows a seller to responsibly transfer and extinguish environmental liabilities and transact a property on the basis of its value. As a consequence, the buyer has certainty over environmental liabilities and will not need to reserve for unknown issues.
The consulting relationship is turned 180 degrees. Active Transfer is not about endless site reports. It is about being rewarded for unlocking value from clients under-performing assets.
No liability transferred to WSP has ever returned to a site owner, liability holder, seller or buyer.
Focus is placed on how to redevelop and place an asset back into service.
Active Transfer is most appropriate for large sites and facilities related to activities such as heavy industry, manufacturing and natural resources where remediation will exceed a value of $2mUSD.
Around the world, we have taken responsibility for sites that now generate value for our clients and the wider community. We have enabled clients to restructure, free from under-performing assets. We have facilitated regeneration schemes that have created jobs and improved communities, and we have enabled property transactions to proceed.
John Black, Global Director, Land Restoration & Ground Engineering, WSP.
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