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Phase I & II Environmental Assessments

 

We're the source for central and western NC and Northern SC
PHASE 1 & II  ENVIRONMENTAL AUDITS
AND ESA (TRANSACTION SCREENS)


ASTM E-1527-05     ASTM E-1528-06
Phase 1 Environmental Assessment and Reporting are completed in accordance with generally accepted industry standards and in full conformance with ASTM E-1527-05 Phase 1 Assessment Standard of Practice including All Appropriate Inquiry (AAI) and lien search.

We take pride in our turn-around time which is the fastest in the industry and our fee is always the lowest  among our competitors.

A Phase 1 Environmental Assessment is required or recommended for:

                     Real estate purchase 
                    
Real estate lease  
 
                    
Real estate development
 
                    
Real estate investment
 
                    
Real estate refinancing

These assessments included the following:

  • Inspecting sites to identify potential environmental liabilities, such as, vent or fill pipes to locate USTs, transformers or capacitors to identify potential PCB sources, asbestos containing materials, hazardous chemical storage, and other sources of environmental contamination

  • Interviewing property managers to determine historical use and activities at the property

  • Reviewing regulatory environmental files maintained by state and local governments

  • Reviewing regulatory environmental data bases, such as, the National Priority List (NPL), State Hazardous Waste Sites list, and Leaking UST list, to name a few

  • Reviewing neighboring properties to evaluate the potential for off-site contamination

  • Researching aerial photographs, soil conservation surveys, city records, environmental liens, and environmental permits

  • Reviewing other available environmental information and reports

Once all appropriate inquiry was completed, AKT Peerless personnel prepared written reports in accordance with ASTM Standard Practice E-1527 and the lender's requirements. AKT Peerless' reports detailed the information gathered during the assessment, summarized issues of recognized environmental concern, presented conclusions, and provided recommendations.

 

Phase I Environmental Site Assessment

The primary purpose in conducting a Phase II ESA is to evaluate any recognized environmental conditions identified in a Phase I ESA or Transaction Screen to provide sufficient information regarding the nature and extent of contamination.

The Phase II ESA is completed to assist in making informed business decisions about the property; and where applicable, to provide the level of knowledge necessary to satisfy the innocent purchaser defense under CERCLA.

Specifically, the purpose of this investigation is to obtain a better understanding of the potential environmental liabilities for the property and the financial impacts of such liabilities.

This is usually accomplished by field sampling and laboratory analyses of air, soil, groundwater, and/or site building materials to assess the presence and extent of identified or suspected hazardous or regulated materials.

 Phase II Environmental Site Assessments

The Phase II ESA involves conducting some or all of the following activities:

  • Subsurface Soil and Groundwater Investigations
  • Soil Vapor Survey
  • Radon Survey
  • Comprehensive/Limited Asbestos Survey
  • Comprehensive/Limited Lead-Based Paint Survey
  • Operations & Maintenance Plans (Asbestos/Lead-Based Paint)

We’re happy to provide you with a quote by email or by telephone.