Wednesday, May 6, 2009

Phase 1 Environmental Assessment - Phase One ESA

A Phase 1 Environmental Site Assessment (ESA) conducted using ASTM E 1527-05 is intended to identify “Recognized Environmental Conditions” (or RECs) associated with a property. Recognized Environmental Conditions are defined as “the presence or likely presence of any hazardous substances or petroleum products on a property under conditions that indicate an existing release, a past release, or a material threat of a [future] release”. In short, a Phase 1 ESA addresses releases hazardous substances and petroleum products.

[Read more about Landowner Liability Protections]
[Read more about why Sellers might consider performing a Phase 1 ESA]

Caltha LLP provides “qualified professionals” to conduct Environmental Due Diligence on industrial and commercial properties. Caltha’s assessment staff are also qualified to conduct environmental compliance assessments, and environmental liability assessments. These additional assessments can be conducted concurrently with a Phase 1 ESA, thus reducing both cost and time.

What does a Phase 1 Environmental Site Assessment cost?
Click here to go to Caltha’s on-line Environmental Due Diligence quote request page. You will be prompted to answer a few basic questions regarding the property(ies) you wish to have assessed. Once a request is completed and submitted, you should receive a quote within 24-hours.

Caltha conducts Phase 1 Environmental Assessments the following States:
[Click on a State to request information]

Alabama Phase 1 Environmental Site Assessment
Alaska Phase 1 Environmental Site Assessment
Arkansas Phase 1 Environmental Site Assessment
California Phase 1 Environmental Site Assessment
Connecticut Phase 1 Environmental Site Assessment
Florida Phase 1 Environmental Site Assessment
Georgia Phase 1 Environmental Site Assessment
Illinois Phase 1 Environmental Site Assessment
Indiana Phase 1 Environmental Site Assessment
Iowa Phase 1 Environmental Site Assessment
Kansas Phase 1 Environmental Site Assessment
Kentucky Phase 1 Environmental Site Assessment
Louisiana Phase 1 Environmental Site Assessment
Maine Phase 1 Environmental Site Assessment
Massachusetts Phase 1 Environmental Site Assessment
Michigan Phase 1 Environmental Site Assessment
Minnesota Phase 1 Environmental Site Assessment
Mississippi Phase 1 Environmental Site Assessment
Nebraska Phase 1 Environmental Site Assessment
Nevada Phase 1 Environmental Site Assessment
New Jersey Phase 1 Environmental Site Assessment
New York Phase 1 Environmental Site Assessment
North Carolina Phase 1 Environmental Site Assessment
North Dakota Phase 1 Environmental Site Assessment
Ohio Phase 1 Environmental Site Assessment
Oklahoma Phase 1 Environmental Site Assessment
Oregon Phase 1 Environmental Site Assessment
Pennsylvania Phase 1 Environmental Site Assessment
South Carolina Phase 1 Environmental Site Assessment
South Dakota Phase 1 Environmental Site Assessment
Tennessee Phase 1 Environmental Site Assessment
Texas Phase 1 Environmental Site Assessment
Utah Phase 1 Environmental Site Assessment
Virginia Phase 1 Environmental Site Assessment
Washington Phase 1 Environmental Site Assessment
Wisconsin Phase 1 Environmental Site Assessment

Caltha LLP assists prospective Buyers and their Lenders in meeting Due Diligence, Environmental Site Assessment and Environmental Review requirements. To request a quote on-line, go to Caltha Environmental Assessment Quote Web Page.

For further information contact Caltha LLP at
info@calthacompany.com
or
Caltha LLP Website