Smart Contracts for Small Projects
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Demand for a workable insurance solution for small
brownfield stakeholders has prompted the risk management and engineering
industries to develop a more efficient approach for cleaning up small
brownfields and for providing stakeholders liability protection. This
approach can work for remediation projects under $3,000,000.
Remediation costs are a type of construction cost
required for site preparation. The level of volatility of construction cost
overruns during site preparation is determined largely by unknown
conditions at the site and the performance of the remediation contractor.
These are quantifiable risks that can be assessed by additional site
characterization and controlled through performance-based contracts,
respectively.
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Industry Profiles
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Jason Seyler
Hazardous Substance Brownfield Coordinator, Montana Dept. of Environmental Quality
Helena, Mont. |
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Count On It
  $49,000 amount of federal funds granted to provide green job training for high school
students in New Mexico. The projects will teach students climate change mitigation techniques and
provide educational tools for a green workforce.
Source U.S. Environmental Protection Agency
 30% of the energy used in commercial buildings is wasted. Energy use in commercial buildings accounts for 17 percent of total U.S. greenhouse gas emissions at a cost of more than $100 billion per year.
Source U.S. Environmental Protection Agency
 14% increase in the amount of greenhouse gas emissions from human activities in the U.S. between 1990 and 2008.
Source U.S. Environmental Protection Agency
 $76 million amount awarded by DOE to support advanced energy-efficient building technology projects and the development of training programs for commercial building equipment technicians, building operators, and energy auditors
Source U.S. Department of Energy
 $200 million amount the U.S. Department of Energy will invest, over five years, to expand and accelerate the development, commercialization, and use of solar and water power technologies throughout the U.S.
Source U.S. Department of Energy
 37 number of research projects awarded $106 million from the DOE that could: produce biofuels more efficiently from renew-able electricity; design batteries for electric vehicles; and remove coal-fired power plants in cost efficient ways.
Source U.S. Department of Energy
 $2 million amount of grant competition under the Veterans. Workforce Investment Program to assist eligible veterans by providing employment, training, support services, and more in renewable and sustainable energy.
Source U.S. Department of Labor
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