Site remediation cost assessment for a property transaction, Australia

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GHD was engaged by a NSW government agency to prepare preliminary remediation budget ranges for two parcels of land located west of Sydney that it was considering purchasing.

Site specific data were combined with a series of broad judgment-based probability modeling assumptions. Monte Carlo simulations were then used to calculate the 50th, 75th and 95th percentile remediation cost estimates taking into account the uncertainties associated with the site characterisation at that stage.

Contamination Assessment & Remediation




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