News: Long Island

Loesch of H2M named chair of ACEC Business Insurance Trust

On July 1st, Gary Loesch, P.E., DEE was named the chair of the American Council of Engineering Companies Business Insurance Trust (ACEC BIT). Loesch is the COO of H2M architects + engineers. Over the last 20 years, Loesch has been active with ACEC at both state and national levels. He has been part of the trust for the last five years, and will be serving a three-year term as chair. Loesch has held numerous senior-level positions during his tenure with H2M, including director of technical services and executive vice president. He was promoted to COO in 2013 and is responsible for leading the firm's technical divisions. He develops and implements the firm's risk management and project manager training programs, emphasizing growth and enhancing operations. The ACEC Business Insurance Trust is guided by practicing engineers with vast experience dealing with the issues faced daily in practice management. The trustees meet on a regular basis on matters relevant to members' practices with the goal of advancing the practice and meeting the insurance needs of ACEC member firms. Loesch is a resident of Sayville, where he has managed and coached in both the Sayville Little League and the Baymen Soccer League. He holds two degrees from Cornell University, a bachelor of science degree in Engineering and a master of engineering degree, as well as a master's degree in Business Administration from Adelphi University.
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The evolving relationship of environmental  consultants and the lending community - by Chuck Merritt

The evolving relationship of environmental consultants and the lending community - by Chuck Merritt

When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.