Participant
In the NYSDEC BCP framework, a Participant is an applicant who was an owner/operator at the time of disposal/discharge or who failed to take reasonable care to stop continuing releases or prevent further releases. This status changes obligations under the Brownfield Cleanup Agreement.
- Where it applies
- New York State
- When it comes up
- Remediation program entry; agreement structuring
- Property types
- Brownfield redevelopment
In practice
Participant status raises diligence intensity for investors because it can signal a history of releases or environmental management challenges.
Related terms
Environmental and Due Diligence
- Action (SEQRA)
- All Appropriate Inquiries (AAI)
- Brownfield
- Brownfield Cleanup Agreement (BCA)
- Brownfield Cleanup Program (BCP)
- Certificate of Completion (COC)
- City Environmental Quality Review (CEQR)
- Conditioned Negative Declaration (CND)
- Decision Document
- Determination of Significance
General information, not legal, tax or financial advice.