Get Phase 2 Environmental Assessment Services from the most trusted Organization
When a Phase I Environmental Site Assessment (ESA) classifies a recognized environmental condition (REC) or the potential for consequences to the subsurface at a locality, most consumers request to estimate the potential impacts by conducting Phase II environmental site assessment.
The presence of a REC or an environmentally-impacted property can
hugely reduce its value. Stakeholders need to reduce liability and expected cleanup
costs on their investment by conducting a Phase II ESA, in which a subsurface
investigation tests soil, gas or groundwater to distinguish sources of
environmental consequences.
If a purchaser or lender doesn’t have a full range and
realistic picture of a seemingly limited REC, they could be leaving themselves
exposed to hidden risk. The Phase II ESA can restrict this risk and, in many
cases, it can also defend against substantial long-term costs and complicated
environmental liabilities.
Objectives of phase 2 environmental assessment:
The main objective of a Phase II Environmental Site
Assessment Report is to assess the presence, or absence of, petroleum goods or
hazardous materials in the subsurface of the place. Trained geologists and
engineers hold expertise in Phase II Environmental project design delivers
these assessments as per the ASTM E1903-11 Standard Guide.
When planning a Phase II ESA scope, the phase 2
environmental site assessment professional accounts for any regions of concern,
chemicals of concern, local geology and/or site access issues as well as local,
state and federal guidance.
When you should go for a limited Phase II ESA?
There are circumstances in the due diligence process
when a potential property landlord does not want to spend in a full Phase II
ESA. They may alternatively opt for a limited Phase II sampling, which is
conveyed to verify the presence of a pollutant and may be limited by areas
sampled, number of units, media sampled or a combination. A client may conduct
a limited Phase II ESA to assess the following scenarios to notify their
transaction decisions:
●The distinguished REC from a Phase I ESA is secondary
or limited in scope
●To demonstrate a REC that presents more of a risk than
the buyer is ready to accept
●To classify a REC that needs more discoveries (a
full-scale Phase II ESA) to confirm the extent of pollution.
Comments
Post a Comment