Known as Generation 5, or G5, Our Bid is Zero (OBiZ) is a financial program by which a qualified companies or landowners can start up to the first 50% of a project’s work plan for no initial cost. OBiZ is a new form of ERFS’ proven Pay-for-Performance remediation contracting program since 1998. The OBiZ financial model allows for new business solutions to be applied to stalled projects, especially for developers. OBiZ provides business solutions to:
- avoid expensive restarts to programs
- end the overhead costs of technology selections
- settle law suits
- allow for remediation work before, during or after a transaction or construction
- provide recovery of escrows, grants, tax credits or other delayed funding
- shorten project timelines
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