Prepared for lenders, CDCs, and federal agencies to SBA SOP 50 10 8, USDA RD Instruction 5001, and conventional underwriting standards. Fiduciary duty runs to the lender and the agency, never the borrower. More than 4,000 studies since 1998 covering $40.2 billion in evaluated project value.
RNG feasibility joins feedstock certainty to environmental-credit markets: the manure, food-waste, landfill, or wastewater feedstock under contract or ownership, biogas yield and upgrading economics, pipeline interconnection, and the RIN, LCFS, or voluntary-market revenue modeled with honest price risk. Dairy-digester projects are evaluated with herd-size, manure-management, and farm-economics analysis the agricultural programs expect.
Methodology uses feedstock characterization and yield benchmarks, credit-market price series with conservative cases, interconnection and offtake review, and capital benchmarks by digester class. Coverage is tested with credit prices stressed well below current markets.
Every Wert-Berater financial model is fully linked with no hardcoded values, so any reviewer can stress any input. Deliverables comprise a complete narrative report and the linked Excel model, with ten-year pro forma, sensitivity analysis at ±5, 10, and 15 percent, interest-rate stress from +0.5 to +3.0 percent, and ratio analysis benchmarked against RMA and IBISWorld data.
SBA engagements are prepared to SOP 50 10 8, including its debt-service-coverage minimums of 1.15x operating and 1.00x global. USDA engagements follow RD Staff Instruction 5001 across the Business & Industry, Community Facilities, REAP, and Value-Added Producer Grant programs. Conventional engagements are built to the lender's stated coverage standard, typically 1.20x. Clean-energy engagements are prepared to USDA RD Instruction 5001 where REAP and B&I apply — including the energy-production documentation, incentive analysis, and payback arithmetic REAP requires — and to conventional and institutional standards otherwise, with interconnection and incentive risk addressed directly rather than assumed away.
Representative clean-energy work includes a $52,688,000 green carbon project evaluation and renewable-energy feasibility within the firm's USDA REAP and B&I practice. Independence is non-negotiable: determinations follow the evidence and are not revised under pressure, and studies are built to pass lender, agency, and third-party review without exception items.
Qualify a project. Tell us about the project and the program. We will tell you the truth about it — scope, timeline, and fee confirmed before work begins.
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