Summery Phase I Environmental Site Review
 

Summery Phase I: This is the initial exploratory essay to determine if a more extensive site assessment is in order. Also known as a Transaction Review, this is the baseline documentation required by most lenders and investors prior to assuming title to commercial or development real estate. This Review entails performing an in dept study of all available land use records, and a review of previous EPA site assessments and/or reports that could interfere with the value of the subject land.

A typical summery review includes:

The COST of performing a Phase I Transactional Review is in the range of $ 500.00
Performed by a licensed Environmental Engineer

&  $ 150.00 per acre for each acre over 3. Note: if it is determined that a full Phase I ESA (per ASTM Standard Criteria) is required to further identify potential hazardous materials, the cost of this review is included in the price of that work. 

Contact us for a quote or more information...

 Phase I Environmental Site Assessment (ESA)

      A Phase I Environmental Site Assessment (ESA) is the ASTM Standard Environmental Investigation to assess various potential environmental concerns, or to insure the environmental soundness of a property and its surroundings. Whether the property is to be sold, transferred, refinanced or foreclosed, we can provide the services required for a thorough investigation into current and past practices at the property. A typical Phase I ESA includes the following tasks:

• Inspection of the site and all improvements with particular attention to any obvious use, storage or generation of hazardous materials in the structure or operating equipment.

• Permits and Material Safety Data Sheets (MSDS) are evaluated when available.

• Available records are reviewed in addition to a visual inspection for potential presence of Asbestos, Radon, Lead, PCB or other hazardous materials in or near the site.

• Review of historical use and improvements, title search and review of historic maps & aerial photographs of the site.

• Federal, State & local records review including planning, sewer, water, fire, oil and gas, environmental, geological records of the site & neighboring property.

• Investigation of available records that include the National Priority List, Comprehensive Environmental Response Compensation and Liability Information System list, Department of Health Service, Water Quality Control Board and other pertinent Boards or Agencies records and files.

• Interviews with tenants, owners and neighbors.

• Review pertinent and available documents and maps regarding local geological, topographical and hydrological conditions.

• Evaluate applicable special resource issues.

• Provide recommendations of further investigation or testing when needed, and recommendations as to potential environmental problems

     Based on the information gathered during the Phase I assessment, We will prepare a report summarizing the findings and providing professional opinions regarding the potential of environmental problems that should be investigated before any transfer of ownership takes place.  Note: By Federal Regulations, a known (identified) environmental hazard or hazardous material can not be sold or transferred to a new owner. As  necessary, we will make recommendations for additional work and provide associated cost estimates.

      Our standard Phase I Environmental Site Assessment (ESA) report is conducted in accordance with the ASTM E 1527-05 Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process. The final product is a bound report with appendices attached as warranted.

 The COST of performing a FULL Phase I Environmental Site Assessment is is based amount of time and expense required to accumulate, orchestrate, and present this information in the format specified...   This can only be accurately priced on a job per job basis.  A typical ESA, conducted by ASTA format and EPA standards will average $1,600. to $2,200.00.