Are you concerned with the AER’s deemed liability of your facilities?
Whether you need an Asset Retirement Obligation (ARO) liability assessment or a Site-Specific Liability Assessment (SSLA), ELM has a solution for you. More and more attention is being placed on carrying the right ARO value, whether to satisfy internal ESG requirements or to ensure appropriate insurance is being carried. Or maybe you require an SSLA to reduce the LLR deposit that is held by AER. At ELM Inc. this has been a key service to our clients. We have completed hundreds of SSLAs and ARO assessments for our clients. Our team is skilled in both facility operations and decommissioning and are experts at assessing liability related to the abandonment & reclamation of your gas plants, oil batteries, and waste management facilities.
SSLAs are required by AER Directive 001 for large facilities, potential problem sites and waste management facilities. An SSLA must be updated every five years for large facilities and waste management sites, and every three years for problems sites, unless otherwise required by AER. For licensees with a LLR of less than 1.0, voluntary SSLAs are an effective method of reducing a licensee’s security deposits when the AER’s deemed liability is believed to be higher than the expected cost to abandon and/or reclaim a facility.
For more information on SSLAs and ELM’s other environmental liability management services, please visit us at www.elminc.ca or click the button below to call us.
Our Experience Delivers
As an independent advisor, ELM Inc. provides benefits to individuals, communities, and society as a whole, while supporting corporate governance. In addition, ELM’s advisory services provide financial institutions and the Corporate Board of Directors with the ability to prioritize risk control measures to address existing uninsured risks.
To find out how ELM can work with your team to achieve your ESG mandates as well as other environmental liability management issues call by hitting the button below.
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COMPETITIVE, CAPABLE, AND EXPERIENCED
ELM is the ready partner you want on your team when managing environmental liabilities.
Contact our team by calling 1-587-392-4000 or completing our form below.
