Fund and Trust Administration

As a leading national Environmental Project Management and Coordination company, de maximis recognizes the unique needs of PRP Groups and individual clients in establishing and administering funds to address environmental liabilities. Since 1989, de maximis has been providing Fund Administration Services for clients involved in the investigation, remediation, and operation and maintenance of environmental sites. de maximis presently administers hundreds of accounts with several hundred million dollars in assets. These funds vary in size and complexity depending upon each client’s method of funding and the particular phase of the project.

de maximis has focused on providing the flexibility, security and documentation necessary to meet the fund administration needs of our clients. We work closely with various financial institutions and have developed and maintained favorable banking relationships that result in cost-effective Fund Administration services.

Fund related services provided by de maximis include (but are not limited to):

  • Establishment of Fund/Trust
  • Monthly Bank Account(s) Reconciliation
  • Assessments/Cash Calls
  • Accounts Payable and Disbursement Processing
  • Financial Reporting (Monthly/Quarterly/Annual/Other)
  • Tax Preparation/Filing (including issuing 1099 forms to appropriate parties)
  • Budget Tracking
  • Tracking individual participant information based on allocation
  • Ad Hoc reporting at the request of the client

For additional information regarding our Fund Administration practice, please contact Major Sharpe.