Through Brownfield Acquisition and Renewal (BAR) activities, QMLP is ‘Raising the BAR’ in supporting industrial clients, municipal governments and other owners that want to sell, or divest, real estate burdened by environmental liabilities.

The primary obstacle to brownfield redevelopment is that divesting owners are concerned about future liability and may simply not understand how to manage these liabilities. As a result many of these properties remain idle.

As a provider of decommissioning and environmental contracting services, QMLP has the expertise to analyse and quantify these liabilities. By investing significant time and effort in developing a detailed risk management plan based on our integrated remediation and redevelopment services, we give clients the confidence to proceed with an ‘as-is, where-is’ purchase and sale agreement that incorporates the risk management components. The plan ensures the best use of the property and eliminates unacceptable risk and liability to future users.

Benefits of Raising the BAR by working with QMLP

• Accurate Understanding of Liabilities. Our detailed investigation and analysis presents an accurate account of environmental liabilities in terms of the most efficient remedial investments that are needed to facilitate redevelopment and to unlock the maximum value of the property.
  
  
• Reduced Costs and Improved Balance Sheet. Once divested, the owner benefits from reduced O&M costs related to non-performing assets and removal of liabilities from their corporate ledger.
  
  
• Maximum Savings Through Integrated Planning. QMLP integrates its various decommissioning services related to hazardous materials abatement, demolition, remediation and off-site treatment. We ensure our decommissioning plans are seamlessly aligned with our development partner. This creates significant ‘designing-in savings’ which translates to maximum revenue for the owner when the property is divested.
  
  
• Future Protection Through Liability Transfer. QMLP developed a sophisticated risk management approach with risk avoidance, transfer and mitigation features. These are incorporated into our purchase and sale agreement allowing us to offer a complete liability transfer package for owners divesting surplus properties ‘as-is, where-is’.
  
  
• Creative Financing Options. We can maximize the property asset value, utilize the strength of our financial partner and invest ‘sweat equity’ by leveraging our substantial resources as a self-provider in the early decommissioning and remediation activities. Our ‘One size fits One’ approach begins with assembling the team and designing an agreement and financing approach tailored to each property.

For more information on Brownfield Redevelopment or to talk to someone about your property, please email brownfield@qmlp.ca.