Sillars Consulting LLP
The risk and liability associated with
contaminated land is often difficult to identify and therefore
difficult to manage. As a problem holder significant financial
provision may be set aside for dealing with such risks and
liabilities. It is important that the value of removing or reducing
the level of risk is correctly identified. While on occasion
insufficient provision is provided it is more likely that in a risk
adverse society that the extent of the problem and the value
associated with removing or reducing the liability to an appropriate
risk level is higher than reality. This can have the effect of
reducing balance sheet strength or preventing development proceeding
due to the perceived cost of the risk mitigation.
Sillars Consulting aim to bridge the gap by
providing a practical review of the liability associated with a
particular contaminated land or groundwater risk in relation to a
Client’s risk profile to ensure balance sheet provision is
appropriate and development opportunities are not missed. With Board
level experience it is considered this advice will be targeted,
appropriate and re-assuring.