Financing for Environmental Compliance
Planning Process Step Four: Devise a Technical Solution
Defining the technical problem and devising a long-term solution can make or break an environmental capital asset project. The underlying problem must be resolved at the end of the construction project to avoid wasting valuable time and financial resources. Proper planning can help avoid cost over-runs and adequately identify and resolve any underlying problems. Cities, counties and Tribes can hire a private contractor to help define the ultimate solution.
The following planning steps can ensure that the team members, municipal or Tribal officials, community stakeholders and contractor all agree on the best solution, including realistic estimated costs and construction schedules.
- Draft a project solution – Discuss the underlying problem and create a draft project solution.
- Review technology options – EPA and other government agencies can provide information on technologies that have been verified and tested technology.
- Revise draft project plan as necessary - New technical or community information may require changes to the original plan. It is less costly to revise the project parameters before construction than to change them during construction.
- Assess schedules and costs - Obtain written construction phases and schedules and project costs.
- Obtain approvals - Obtain approvals during this process as necessary.
EPA and other organizations offer technical assistance resources for:
Next Step: Conduct a Rate Analysis
Previous Step: Define Project Goals