Aggregate Resource Licensing and Management

Due Diligence Investigations

Licensing a gravel pit or quarry is a complex and expensive process. Due diligence investigations are undertaken to preview sites and provide applicants with a clear and complete assessment of the site conditions which might affect or hinder a license application as well as confirming the presence of a viable resource that is worth licensing. In this way, a prospective licensee can understand the opportunities, challenges, and risks involved in the licensing process before substantial sums of money are committed.

Due diligence investigations also assist in identifying members of the consulting team, in developing terms of reference, and in preparing fee estimates, schedules, and cash flow projections for the licensing process.