What is Phase 1 Environmental Site Assessment?
If you’re planning to invest in real estate or acquire a commercial or industrial property, it’s essential to conduct a Phase 1 Environmental Site Assessment (ESA). This assessment is a comprehensive analysis of the site that highlights any environmental risks and concerns related to the property.
At Projexiv Environmental, we perform Phase 1 ESA according to the American Society for Testing and Materials (ASTM) national and recognized standards. Our professional managers have years of experience conducting and overseeing Phase 1 environmental site assessments, and they have all the necessary professional certifications to perform within and outside the scope of Phase 1 ESA.
Why is Phase 1 ESA important?
A Phase 1 ESA is crucial for several reasons. First, it helps you identify any potential environmental risks associated with the property. This information is critical for making informed decisions about the property’s value and safety. It also helps you comply with the Environmental Protection Agency’s (EPA) “All Appropriate Inquiry” (AAI) established standards for due diligence.
Second, a Phase 1 ESA can protect you from liability under Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) and some state laws. If you can demonstrate that you conducted a Phase 1 ESA and took appropriate steps to address any environmental risks, you may be able to qualify for defense to liability.
What does a Phase 1 ESA include?
A Phase 1 ESA includes several components, including interviews with site personnel and the current owner, a review of historical records, a review of public records from government agencies, a review of environmental databases of the subject property and surrounding sites, and a site inspection of the entire property.
After gathering and analyzing this information, we prepare a comprehensive report that includes professional judgment and recommendations. This report serves as a solid foundation for further due diligence services to test for environmental risks.
Additional Services
In addition to the standard scope of a Phase 1 ESA, we also offer additional services such as wetland assessment, vapor intrusion, radon, mold, lead-based paint, asbestos, and other testing services. These services are considered non-scope items in regular Phase 1 ESA environmental inspections. However, they’re still of great relevance to the safety and value of any property.
Depending on the history of the site, we may recommend expanding the scope of Phase 1 ESA services to include these additional services.
Looking for an experienced Phase 1 site assessment company near you
Reach out to Projexiv Environmental for a comprehensive Phase 1 ESA for your property. Our professional managers have the expertise and certifications to provide you with a detailed course of action regarding the outcome of the report. Don’t take any risks with your property investment – contact us today to schedule a Phase 1 ESA.