Accelerated Closure
A Case Study
A major oil company was interested in reducing ongoing environmental liability by accelerating closure for sites located in Florida.
Pinnacle's broad energy business connections allowed the company to benefit from external consultant support and third-party data for records containing environmental activities on site.
This has a direct impact on closure options. A review of the site scoring sheets to validate the scoring was completed with an additional stop of cost benefit analysis for assessing property use and evaluating Florida Department of Environmental Protection funding.
Benefits & Impact
After an initial collection- 5 sites were identified as closed immediately. 102 currently qualify for Low-Scored Site Initiative funding scoring 29 and below, which is a voluntary program intended to bring sites to closure through NFA.
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