If you are reading this, you are either the buyer or seller involved in a commercial property transaction which requires a Phase 2 ESA. An environmental professional found a Recognized Environmental Condition (REC) during the Phase I Environmental Site Assessment process. The short answer to the question of who pays for the Phase II ESA when a REC is found is; “it’s a negotiation, the ...
Water, air, soil, or waste – companies that identify and analyze environmental aspects of their business activities gain a competitive advantage, especially regarding international standards such as ISO 14001. For the company Berliner Wasserbetriebe, utilities provider in the metropolitan area of Berlin, Germany, the assessment of environmental aspects is common practice. In 2009, the ...
PFAS is an abbreviation for per- and poly-fluoroalkyl substances. These are manufactured chemicals that have been used for more than 50 years. PFAS make products non-stick, water repellent, and fire, weather and stain-resistant. PFAS have been used in a range of consumer products, such as carpets, clothes and paper, and have also been used in firefighting foams, pesticides and stain repellents. ...
Our goal with EnviMetric™ is to build innovative products on top of a data repository for remediation sites that is unrivaled in the industry. Through our sponsorship from the National Science Foundation we’ve compiled what may be the largest detailed database of remediation sites in the world. In Q3 and Q4 of 2019 we were able to quadruple the amount of sites we use when doing ...
Krazan & Associates (Clovis, Calif.) has acquired EnviroSound Consulting (Bremerton, Wash.), a geotechnical and environmental consulting firm. The new team includes licensed staff in geotechnical consulting, and environmental staff with experience ranging from Preliminary Environmental Studies to Phase II Environmental Site Assessments and Feasibility Studies for ...
Phase I Environmental Site Assessment A Phase I Environmental Site Assessment, often called a Phase I ESA, is generally performed on a commercial property usually as part of a sale/purchase or commercial financing by a broker or other lending institution. It is intended to protect a prospective buyer, property owner, or lending institution from some unforeseen aspect of the property that could ...
A Phase I Environmental Site Assessment (Phase I ESA) A Phase I Environmental Site Assessment (Phase I ESA) is used to determine the liability to property buyers or financial institutions during mergers and acquisitions, refinancing of commercial real estate, and other situations in order to identify the environmental risks of a site and satisfy the “due diligence” efforts to ...
Anyone—personal or business—has a right to know if there are liabilities affecting a commercial property where they have responsibility. This may be of concern to a buyer, a financial entity, a renter/lessor, or even an existing property owner. Due Diligence DUE DILIGENCE is the process of gathering information on a commercial property to make the interested party aware of anything ...
A Phase I Environmental Site Assessment, often called a Phase I ESA, is generally performed on a commercial property usually as part of a sale/purchase or commercial financing by a broker or other lending institution. The objective is to protect a prospective buyer, property owner, or lending institution from some unforeseen aspect of the property that could affect the value or saleability of ...
What Exactly is Vapor Intrusion? Vapor intrusion is the condition where contamination in soil or groundwater rises to the surface and penetrates into the building above. The source of the vapor intrusion can be as varied as the chemicals themselves. Soil Contamination Soil contamination could be from a former chemical manufacturer on the site where buildings were torn down and new structures ...
With all of the acronyms in the environmental consulting industry, reading a Phase I Environmental Site Assessment report can be a challenge. And if the report contains the acronym REC, confusion may give way to dread. A Recognized Environmental Condition, or REC, is a term used in a Phase I ESA report to identify a particular, potential environmental impairment on a property. However, finding a ...
Understand the differences between Property Condition Assessment Reports If you’re making a significant investment on a piece of property, you will likely want to know if the HVAC will stop working in a year, or if the roof will need replacing in five, or if the cracking in the brick masonry means there is a bigger issue going on structurally. So how do you go about uncovering these ...
Duration of Reports & Validity of Environmental Due Diligence Reports In an ideal world, environmental due diligence reports would be like honey or soy sauce and last for many years. Since shelf-life varies on reports, you need to be aware of the limitations and risks of using old or outdated information for current real estate transactions. Below, we outline the validity of many common ...
Environmental remediation can be a grueling process for commercial propery owenrs, especialliy if it's unexpected. Environmental remediation is often prompted by the results of an ESA (Environmental Site Assessment). An ESA has become a standard component of many actions related to commerical property, such as purchasing the site, applying for a land-use permit, and more. Grand Slam ...
The Tidy Planet “Dragon Energy System” equipped Glenuig Inn on the Sound of Arisaig has been named Micro Business of 2016 in the recent Vision in Business for the Environment of Scotland (VIBES) awards in recognition of its strong commitment to the environment. The Inn runs on 100% renewable energy and generates minimal waste which cannot be recycled or repurposed. This is the ...
In today’s world where every property is subject to potential environmental risks a Phase 1 Environmental Site Assessment or ESA is an appropriate action to take. An ESA can help determine if the property has been contaminated by previous or current activities. The ESA can help protect the purchaser of a property from environmental risks prior to the closing on a property. Lenders ...
Delta had been contracted during the 2014 remediation at the well site to apply their bioremediation process to excavated and stockpiled soil contaminated with Fraction 2 petroleum hydrocarbons (F2 PHC). Soil sample results from a 2014 Phase II ESA showed F2 PHC concentrations ranging from 170 mg/kg to 1210 mg/kg, with an average of 586 mg/kg in the four samples from the disposal area. Delta was ...
The Phase One Environmental Site Assessment is a must when purchasing property in New Jersey. The phase one is the beginning of a process that will protect buyers from hidden environmental issues that may exist on or near the property in question. A Report and recommendations are generated which will help guide the property buyer about the risks that the property purchase may contain. GWS ...
Environmental site assessment assists the commercial developers to know any existing or the potential environmental Hazards or the liabilities seen in exact property. Well every commercial developer needs guarantee that their money is well invested. It works only through environmental monitoring assessment report that generally looks at physical improvements which need to be doe and underling ...
Challenge: A global consumer packaged goods company seeking to identify potential divestment opportunities enlisted the support of Antea Group to provide environmental due diligence services at multiple facility locations across 24 countries within an aggressive six-week time frame. Solution: Antea Group quickly mobilized due diligence experts from office locations in the United States, Europe ...