What is the purpose of a phase I environmental site assessment?
Identifies potential or existing environmental contamination liabilities. A Phase I Environmental Site Assessment , commonly referred to as an ESA, or Phase I ESA, is completed to research the current and historical uses of a property as part of a commercial real estate transaction.
What is the difference between a Phase I and Phase II environmental site assessment?
A Phase I primarily assesses the likelihood that a site is contaminated through visual observations, historical use reviews and regulatory records, while a Phase II assesses whether contamination is in fact present.
What is a Phase 1 Environmental Assessment Ontario?
The purpose of a phase one ESA is to determine the likelihood that contaminants affecting the phase one property are present on, in or under the property.
What does a Phase 1 environmental cost?
The average cost of a Phase I Environmental Site Assessment is usually between $1,500 and $6,000 but can be more or less depending on different variables and specifics of the job. Anything less than $1,500 – be aware.
How long does an environmental assessment take?
So how long does a Phase I Environmental Site Assessment take from start to finish? It can take anywhere from a few days (extremely quick and simple projects) to a month or more. As a general rule, we say a few weeks to a month or two is pretty average and should be sufficient.
What is a Phase 3 environmental assessment?
Phase III Environmental Site Assessments , also known as a Remedial Design and Application, is an investigation involving the remediation of a site. The purpose of the Phase III is to delineate the physical extent of contamination based on recommendations made in the Phase II report.
What triggers a Phase 2 ESA?
The Phase II ESA , also referred to as a “subsurface investigation” or more commonly “site investigation,” typically consists of collecting a series of soil, soil gas, which includes sampling for vapor intrusion, and groundwater samples and sending the samples to a laboratory to determine if dry cleaning operations have
How long does a Phase 2 Environmental take?
The process of obtaining the results of the analysis will take around seven days from the sample being taken, and then, a report will be drawn up. Generally, the Phase II ESA will take approximately four weeks .
Who pays for environmental assessment?
The lender may initially pay for the Phase I but, if the deal goes through, the Phase I is part of the closing costs paid by the buyer. The buyer: It’s also common to see the buyer arrange for the Phase I to be performed. Often, the reason the buyer seeks out a Phase I is because the lender says they need one!
How long does it take to do a Phase 1 environmental report?
A Phase 1 ESA takes anywhere from 2 – 3 weeks. The team at Essel Environmental will give you the verbal within 1 week to let you know whether it’s a “green light” or “red light.” Then, if you want to proceed – we will complete the Phase 1 Environmental report .
How much does an EIA cost?
In the 18 examples EIA costs were found to range from 0.01% to 2.56% of the total development cost with the average being 0.5%.
When buying a property why is it essential to get a ground assessment of the land?
To avoid such potential liability, you must find out the environmental condition of the land before you buy . An environmental assessment is meant to determine whether the land has any environmental issues such as contaminated soils or polluted water sources.
What is a Phase II environmental site assessment?
The purpose of a Phase II Environmental Site Assessment Report is to evaluate the presence, or absence of, petroleum products or hazardous substances in the subsurface of the site .
What is an environmental inspection?
An environmental inspection is an investigation of either your level of compliance with an environmental regulation or permit, or of a perceived noncompliance or a complaint. Another reason you might be inspected is because of a complaint about the environmental conditions or operations of your plant.