The New ASTM E1527-21 Standard for Phase 1 Environmental Site Assessment Reports Quarter four of the year 2021 entails an update to the ASTM Standard for Phase 1 Environmental Site Assessment reports. The current ASTM standard for a Phase 1… Read More »ASTM E1527-21 Standard for Phase 1 Environmental Site Assessment
Environmental Site Assessment
Phase 2 Environmental Recommendation in a Phase 1 Environmental Report? In some cases, there may be a Phase 2 Environmental recommendation for a property, resulting from a Phase 1 Environmental Site Assessment. Typically, this occurs when one or more Recognizable… Read More »Phase 2 Environmental Recommendation from Phase 1 Environmental?
Remedial Action Plan A Remedial Action Plan, or Remediation Plan is a guideline that proposes a series of engineering and geological procedures, in order to feasibly perform contamination cleanup actions over a strategic period of time. When pollution exists on… Read More »What is a Remedial Action Plan?
Environmental Professional Definition Environmental Professional: As per the EPA’s All Appropriate Inquiries Rule, an environmental professional is an environmental consultant that has an accredited education in earth or natural science, at least five years of formal training under another environmental… Read More »Environmental Professional Definition
Reporting Results of an Environmental Due Diligence Investigation “Are there requirements for reporting results of an Environmental Due Diligence Investigation to the government?” Each case is different. The answer is generally “no,” because ESA reports are typically proprietary. However, if… Read More »Reporting the Results of an Environmental Due Diligence Investigation
What is a Brownfield Site (Brownfields)? A Brownfield site is real property with plans for redevelopment, that has the potential presence of pollution and subsurface hazardous substance contamination. And the Brownfields Revitalization and Environmental Restoration Act of 2001 (also known… Read More »What is a Brownfield Site and Brownfields?
Price of Phase II Environmental Site Assessment Phase II ESA Cost The price of a Phase II Environmental Site Assessment can vary, depending on the aspects of a property. The Phase II Environmental Site Assessment cost is typically between $5,000… Read More »Price of Phase II Environmental Site Assessment & Phase II ESA Cost
What is a Phase II ESA in Real Estate Due Diligence? The term “Phase II ESA” is short for Phase II Subsurface Investigation. It is an environmental due diligence report that typically follows the Phase 1 Environmental Site Assessment process… Read More »What is a Phase II ESA in Real Estate Due Diligence?