How can EDR reports help me understand which properties in a portfolio should undergo a thorough environmental investigation?
When underwriters need to assess the environmental risk profile of a portfolio of dozens, hundreds or even thousands of properties, they typically need to assess risk by using a methodology that helps them complete the process quickly while controlling costs. Some firms meet this challenge by sampling the list and obtaining reports on a percentage of them to estimate the overall risk. EDR OnDemand improve this methodology by enabling the underwriter to quickly screen all of the properties and then focus subsequent in-depth investigation only on those sites where the possibility of environmental risks has been identified via the initial screen. Another alternative, especially useful for large portfolios of properties, is to obtain a customized EDR risk matrix for your project. This matrix will enable you to efficiently scan all the relevant databases for all the properties in the portfolio, even if it includes hundreds or thousands of sites. When filings on specific properties indicate
Related Questions
- Help me understand the timeline for the environmental project/program schedule. When is input welcome and how can I provide feedback?
- How can EDR reports help me understand which properties in a portfolio should undergo a thorough environmental investigation?
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