Best Practices for Regulatory Engagement and Relationship Building – 26129
In the initiation of a new project or facility, the management team should begin to engage with appropriate regulators, early and often. However, if this did not occur and new issues arise, new challenges develop, or regulatory impacts become a concern, the regulatory engagement process should be reconsidered and reevaluated. Regulators are key in the siting, construction, and continued operations of a new facility. Municipalities often seek to attract new initiatives, projects, or facilities that will have a significant positive impact on the community. Even though this is typically the goal, there are many hurdles along the path that may cause negative impacts leading to regulatory concerns and hurdles that may delay or stop work. Additionally, early and frequent engagement with regulators can have a significant positive impact on the successful siting, permitting, and construction of a facility, including meeting needed schedules that are important to economic viability. Further, it is essential for ongoing operations for regulators to be effectively and meaningfully engaged throughout the life of the project or facility due to the potential of changing factors during the construction and/or operation. Regular and consistent engagement builds relationships and helps ensure that potential topics of concern are addressed early before they become problems. In this paper, we will discuss best practices in engaging with regulators, how to initiate effective regulatory interactions, and building lasting relationships.