Phase I Environmental Site Assessment

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Phase I Environmental Site Assessment

Investigation of real property to determine the possibility of contamination, based on visual observation and property history, but no physical testing. Under new Environmental Protection Agency regulations that went into effect on November 1, 2006,a Phase I,as it is called for short,will be mandatory for all investors who wish to take advantage of CERCLA defenses that will shield them from liability for future cleanup,should that prove necessary. The new Phase I rules, called “All Appropriate Inquiry” or AAI, also require more investigation than previously mandated. Investors can expect to see dramatic price increases over prior experiences.

References in periodicals archive ?
The first school in the county to benefit is St Joseph's Primary in Gilesgate in Durham City, where Year Three pupils have undergone level one training.
CLASSIC Design and DAcor were crowned champions of level one in The Indian Club-Mark Seven Corporate Badminton Tournament.
Level One Bank has acquired Oxford Bank, the move which will make it one of the largest banks in Oakland County.
The level one bar will serve alcohol before kick off, at half time and after the match has ended (while supporters are held back).
The courses are at level one for children of seven and over, level two for children of nine and over and level three for children of 11 and over.
Farmington Hills-based Level One Bank has announced that it has allocated more than USD100m to lend to small businesses in Michigan.
Mahmood was reported by umpires Rob Bailey and Peter Willey for a level one breach of the ECB disciplinary code for "abuse of cricket ground, equipment or fixtures/fittings" during the international against West Indies A, during which his 10 overs cost a hefty 79 runs.
The 49-year-old pleaded not guilty to ten charges of making indecent videos at level one of children when she appeared before Wolverhampton Crown Court.
The WRU are holding a North Wales based level one referee's course at Colwyn Bay Rugby Club on Sunday, November 16 (pounds 15 which also includes lunch).
It is also alleged that between January 1 and February 6 he took an indecent photograph of a child at level one.
THE WORLD of Glass in St Helens has launched its new Level One gallery, showcasing art, sculpture and glass-work from local artists.
As part of the National Craft Assessment and Certification Program (NCACP), NCCER has created level one assessments to evaluate the skills of entry-level employees.