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 ?
Examining the purpose and scope of an ASTM Phase I ESA reveals how the operational integrity issue may be overlooked.
While the Phase I ESA may be sufficient for purposes of avoiding liability, the project is now, at best, delayed until the issue of the endangered species can be addressed.
The Town does not intend to sell the property Completion of Phase II Environmental Site Assessment (ESA) in accordance with CT DEEP Site Characterization Guidance Document to collect sufficient information to determine whether or not a release has occurred at each AOC and/or REC identified during the Phase I ESA. Provide a detailed scope of work to include professional services; subcontractors; method of sample collection; number of samples collected; type of lab analysis performed on each sample; cost breakdown of each sample; project meetings and schedule.
The purpose of the Phase I ESA is to gather sufficient information to develop an independent professional opinion about the environmental condition of the property and to identify actual or potential environmental contamination which may impact the property value or effect claim to an "innocent land owner" exemption following acquisition.
For additional information about American Environmental Assessment & Solutions, Inc, and to obtain a Phase I ESA quote please contact:
While a Phase I ESA documents a property's past, a Phase II assessment involves in-depth testing.
The purchaser of a property will not qualify for the innocent landowner defense under the Comprehensive Environmental Response, Compensation, and Liability Act's All Appropriate Inquiry (AAI) if a Phase I ESA is not completed.
Phase I Environmental Site Assessments (Phase I ESA) are recommended for all commercial real-estate transactions, including the sale of property, re-mortgaging of real estate, and lease termination protection.
A Phase I ESA is a comprehensive historical research project of a specific parcel of real estate.
Prior to purchasing property you contact your environmental consultant and have a Phase I ESA conducted.
Tenders are invited for the phase i esa will be prepared in accordance with the requirements of astm e1527-13 standard practice for environmental site assessments, phase i environmental site assessment process .
Successful Respondent will prepare an Area-Wide Phase I ESA Update for the Project area.