Phase 1 Environmental Site Assessment
Structure & Site is experienced in reviewing site conditions and conducting investigations to assess potential environmental risks associated with a piece of commercial or industrial property. The Phase l is performed to determine several factors, such as the historical use of the property, known or suspected contamination sources within the site vicinity, and potential subsurface conditions in the site vicinity.
The decision to conduct a Phase ll is based on information obtained from the Phase l. The Phase ll will determine if contamination is present, analyze the extent of contamination and estimate the cost of remediation if necessary. The degree of investigation can include groundwater, soil, underground storage tanks, PCB content in transformers, drinking water quality, indoor air quality, and asbestos-containing materials. Many lending institutions require a Phase l as part of the mortgage due diligence process. Don’t hesitate to contact us if you have any questions. It is possible that a limited environmental assessment can be conducted which can significantly reduce costs.