Phase I Environmental Site Assessments
ESE provides lender approved ASTM-E1527-05 and similar Phase I Environmental Site Assessments and related transaction screens which are often required when a property is externally financed. The purpose of a Phase I ESA is to identify Recognized Environmental Conditions (RECs) associated with a parcel of commercial real estate with respect to the range of contamination within the scope of CERCLA and petroleum products. Basic elements of a Phase I Environmental Site Assessment include:
- Site History, based on personal interviews, review of aerial photographs, and historical research.
- Site reconnaissance, to identify visible signs of hazardous substance mismanagement or contamination.
- Regulatory compliance and database review.
- EPA All Appropriate Inquiry (AAI) compliance.
- SBA compliance, when applicable.
- Optional services, such as asbestos surveys, wetlands determination surveys, lead-based paint assessments, and radon assessments.
ESE Guarantees on-time delivery of your Phase I ESA. If a client's Phase I ESA is not delivered by the agreed deadline, the client will not be billed for the services rendered.
Request Your Phase I ESA Proposal Online
Phase II Environmental Site Investigations
In the event a Phase I assessment concludes that an environmental liability may exist, we often are retained to implement a Phase II investigation to confirm or deny the presence of a potential contaminant. A Phase II investigation typically includes sampling of soil and groundwater, chemical analysis of the samples, data evaluation, and sometimes, conceptual site modeling.
ESE's staff applies practical steps that can and should be taken to address ongoing releases and to protect human health and environment. We help clients who seek protection as a Prospective Purchaser or a Contiguous Property Owner in identifying what constitutes appropriate care and reasonable steps to respond to suspected releases. ESE's due diligence related services include:
- Phase I ESAs
- Phase II ESAs
- IOP Applications
- Environmental Transaction Screenings
- Asbestos Surveys
- Lead-Based Paint Survey
- Wetlands Determination