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(SWM) regulations are largely unavoidable. It is important for developers to understand what SWM regulations are, why they are important and how they will impact a proposed project. A developer must know how to determine answers to these questions.
This assignment requires you to:
Define what storm water regulations are and why they exist?
Describe why they are important for the developer to understand?
Discuss when a developer needs to understand the details of the SWM regulations which will apply to the proposed project?
When do you start spending time and money to research this within the development process?
How will the developer obtain all of this information?
As you work on this assignment, consider that many developers say that the greatest cost variances/financial surprises occur underground, not above ground. Developers suggest that it’s relatively easy to determine what it costs to construct a building. But it’s not always easy to predict the underground issues which might arise, despite sample testing. These underground issues include bad soils, rock, and current or abandoned storage tanks and various utilities (gas, electric, water, steam, sanitary sewer and storm sewer). What do all of these “underground” challenges mean to developers? Are SWM regulations similar in nature?