Environmental Liability & Financial Advisory

Financial Reporting

BBJ Group supports compliance with SEC Regulation S-K, FIN 47, and GAAP requirements by delivering engineering and science-based, defensible estimates of environmental liabilities using industry standard and ASTM-consistent cost estimation methods. Our team works closely with clients to ensure environmental obligations are appropriately quantified and clearly communicated.

We help clients:

• Quantify and disclose environmental liabilities in a defensible manner
• Support accruals and narrative disclosures for financial statements
• Align technical findings with financial reporting and accounting requirements
• Provide documentation that withstands auditor and regulatory scrutiny

Opinions of Cost

BBJ Group develops defensible opinions of cost using advanced analytical techniques, including probabilistic modeling and scenario analysis. Rather than relying on single-point estimates, we provide a range of potential outcomes and associated probabilities.

This approach enables clients to evaluate:

• Expected environmental costs and potential variability
• Upper and lower bound scenarios for planning purposes
• Risk-adjusted outcomes and return on investment
• Strategic alternatives under different conditions

These insights are essential for transactions, capital planning, dispute avoidance, and internal decision-making where uncertainty plays a critical role.

Reserve Estimates

BBJ Group develops forward-looking reserve estimates that reflect both current conditions and future uncertainties. Using probabilistic modeling and net present value analysis, we provide estimates that are both technically sound and financially meaningful.

Our work helps organizations:

• Forecast future environmental liabilities including confidence intervals
• Support internal budgeting and long-term financial planning
• Meet external reporting and regulatory disclosure requirements
• Demonstrate disciplined, well-supported financial management to stakeholders

From liability identification to financial clarity, BBJ Group equips organizations with the insight needed to navigate environmental risk and move forward with confidence.