Property Site Assessments
A Phase 1 Environmental Site Assessment (also known as a due diligence environmental assessment, a Phase 1 Study, or a Phase 1 Investigation) is commonly required when purchasing or selling property. Its purpose is to identify any environmental issues associated with a parcel thereby minimizing one's exposure to future environmental liabilities. Assessments must be performed according to ASTM Standard E 1527-05 and the latest All Appropriate Inquiry (AAI) protocol.
A Phase I assessment includes the following components:
- An inspection of the subject property.
- A review of pertinent records for evidence of present and historical use of the subject and adjacent properties.
- Interviews with current owners and occupants as well as local government officials.
- Evaluation of information gathered and development of a report.
Environmental Compliance coordinates environmental site assessments on an as needed basis. |
