Environment Site Assessment
An environmental site assessment is an evaluation of a property’s potential or existing environmental contamination and any liability therefrom. Environmental due diligence assessments of commercial property include many components and are divided into four phases.
Phase I – The first step in the environmental due diligence process. A site inspection and interviews with owners/operators are performed. Then, a report detailing site information and regulatory files is prepared. Actual sampling is not conducted during Phase I.
Phase II – If Phase I determines that a site may be contaminated, a Phase II assessment is conducted. After collecting samples of the soil, air, groundwater and/or building materials of the property, a chemical analysis is conducted in a laboratory.
Phase III – The findings from Phase II determine the extent and severity of contamination. From that information, Phase III allows a Remedial Investigation to be conducted and/or an Opinion of Remediation Cost Estimates to be determined.
Phase IV – Findings of the previous three phases are incorporated into a cost-effective cleanup plan of the property, otherwise known as the Remediation System Design and Cleanup Execution.