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Welcome! Strafford is now BARBRI! The expert courses you know from the trusted global leader in legal education.
About the Course
Introduction
This CLE webinar will explore the shifting legal and practical landscape for using cost cap alternatives (CCAs) to enable fixed-price cleanups (FPCs) in environmental remediation projects. The commercial cost cap insurance market offers RESCUE for large project finance, while CCAs and related offerings are now critical tools for developers, PRPs, municipalities, and other stakeholders who manage cleanup cost risk.
Description
The panel will discuss how CCAs work today, their role in environmental risk transfer (ERT) frameworks, and growing newer financial products like captive insurance and parametric triggers. The experts will also explore emerging complexities such as handling PFAS, contractor pricing risk during inflationary times, and changing regulatory requirements.
Listen as our expert panel navigates using CCAs and fixed-price remediation structures, including new tools and best practices for managing environmental, legal, and financial risks.
Presented By
Bio for Annie Attorney; loves horses and arguments
This is a bio for Big Boat. Big Boat is an avid reader and unicyclist.
This is a bio for speaker, Roller Coaster. Roller Coaster enjoys walks on the beach and pizza with pineapple.
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This 90-minute webinar is eligible in most states for 1.5 CLE credits.
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Live Online
On Demand
Date + Time
- event
Thursday, September 25, 2025
- schedule
1:00 p.m. ET./10:00 a.m. PT
I. Introduction: background, current environment
II. CCAs
A. Mechanics and structure of CCAs
B Parties to CCAs: owners, contractors, insurers, lenders
C. Advantages and drawbacks
III. FPC structures
A. Fixed-price contract options
B. Risk allocation strategies and mechanisms
C. Lessons learned with prior FPCs
IV. ERT models
A. Overview of ERTs
B. Role of CCAs in ERT-based transactions
C. Drafting considerations
V. Innovations in financial assurance tools
A. Captive insurance
B. Parametric insurance
C. RESCUE and other tools
VI. Risks and regulatory factors
A. PFAS and emerging contaminants: drafting to manage
B. Inflation, supply chain volatility, and contractor risk tolerance
C. Environmental justice concerns and public perception
VII. Best practices for counsel
A. Drafting elements
B. Managing performance risk: security, indemnity, retainage
C. Stakeholder engagement
The panel will review these and other key issues:
- Structuring CCAs to support FPCs
- Fixed-price cleanup models, including ERT structures
- Newer financial tools, including captive and parametric insurance
- PFAS and other emerging contaminant exclusions in cleanup contracts
- Best practices in contract drafting, regulatory engagement, and performance risk mitigation
- Lessons from completed FCPs
Unlimited access to premium CLE courses:
- Annual access
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Unlimited access to premium CPE courses.:
- Annual access
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- Best for CPAs and tax professionals
Unlimited access to premium CLE, CPE, Professional Skills and Practice-Ready courses.:
- Annual access
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Unlimited access to Professional Skills and Practice-Ready courses:
- Annual access
- Available on-demand
- Best for new attorneys
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