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Marc Policastro Authors Article "Ranking Your Contaminated Site" in NJBIZ

January 2, 2012, NJBIZ - NJDEP's Remedial Priority Scoring System (RPS) is new, it's innovative, and really ambitious. Under the RPS, the State will actually rank contaminated sites based on quantified risk to "public health, safety or the environment." There are over 12,000 active contaminated cases which may be included in the ranking analysis. The NJDEP will utilize Geographic Information Systems and elaborate data base technology to determine current and potential future impacts on groundwater, soil and air media.

The Department's goals are laudable. If, for example, ground water or soil contamination is not yet fully delineated, the RPS ranking system may be useful to potential purchasers of "redevelopment sites" and lenders attempting to quantify future risk. Purchasers and lenders will want to know...

To see the full article, click here.

Tags: Marc D. Policastro, Environmental

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