Phase I & Phase II Environmental Site Assessments
Our Phase I Environmental Site Assessments help you qualify for the CERCLA’s provision, “Innocent Land Owner Defense”, showing you’ve done proper due diligence and not liable for the hazardous conditions caused by an unrelated third party.
Get peace of mind, legal protection, and grounds for negotiation with our Phase I Environmental Site Assessments
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Shield property buyers from the responsibility of inheriting existing environmental issues
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Identify potential hazards, minimizing unforeseen complications and expenses
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Adhere to ASTM standards E1527, satisfying EPA’s requirement of completing “All Appropriate Inquiry”
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Accelerate underwriting processes, reducing transaction turnaround time
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Enhance property valuation accuracy by uncovering contamination sources
When Should You Hire FCBI For Phase I & II Environmental Site Assessments?
You should hire us for a Phase I ESA when you want to identify the scope and possibility of soil or groundwater contamination. More so when you are buying a property and want to avoid costly surprises down the road. This due diligence helps you defend against liability and make informed decisions on the purchase. Should Phase I detect signs of contamination, you must go for a Phase II ESA to evaluate the quantitative value of the contaminants.
Reliable Professionals for Environmental Site Assessments
Our team, backed by over 20 years of expertise, features skilled environmental professionals, including geological specialists. Having completed 500+ ESAs, our assessments adhere to ASTM Standards E1527 and E1903. Trust in our proven experience to provide cost-effective and the highest quality solutions to your environmental needs, ensuring a positive impact.
Different Services We Provide
Standard Phase I ESA
Important to qualify for the CERCLA “Innocent Land Owner Defense” provision that defends you against liabilities for hazardous substances on the property. Our qualified environmental inspectors adhere to the guidelines by the ASTM standards E1527 and compile in-depth mile-radius examinations from the state and federal data of properties with underground storage tanks/wells or hazardous chemicals.
SBA Phase I ESA
For properties purchased through the United States Small Business Administration 504 Fixed Asset Financing Program. 58 specific NAICS codes require this investigation, including but not limited to funeral homes, dry cleaners, and gas stations. We also provide Phase II ESA as a part of the SBA requirement for gas stations being in operation for more than 5 years.
Freddie Mac/Fannie Mae Phase I ESA
We conduct customized Phase I ESAs for properties seeking Freddie Mac/Fannie Mae financing. The scope of work is based on the ASTM E1527 Standards. For condominiums, Fannie Mae requires a Phase I ESA anytime environmental issues are found in the initial underwriting analysis.
Phase II ESA
When Phase I ESA results suggest potential harm to a property’s environment, a Phase II ESA is often necessary. Our G&S team specializes in comprehensive subsurface investigations, handling soil, groundwater, sediment, and multimedia material collection. We possess the expertise and in-house resources for drilling, monitoring well installation, soil and groundwater sampling, geophysical surveys, underground storage tank closures, and aquifer performance testing. With a proven track record of completing numerous Phase II ESAs, we excel in meeting tight deadlines and navigating challenging site conditions while addressing multiple onsite issues simultaneously.
Asbestos Inspection
We conduct thorough inspections to identify asbestos-containing materials in buildings. Using polarized light microscopy, our certified inspectors analyze bulk samples and provide technical reports detailing asbestos type, condition, friability, and remediation recommendations.
Different Facilities We Asses
The Standard Scope of Our Phase I Environmental Site Assessments
On-Site Assessment
On-site visit to view the present conditions, analyze hazardous substances or petroleum products usage, and check any likely environmentally hazardous site history.
Property Risk Analysis
Evaluation of the risks of the neighboring properties upon the property subject to the site assessment.
Regulatory Records Review
Review of all Tribal, Local, State, and Federal records to distances specific by the ASTM 1528 and AAI Standards (Depending on the database, distance will range from 1/8 to 1 mile)
Stakeholder Interviews
Interviewing those possessing knowledge regarding the property history, such as present and past owners, neighbors, present tenants, etc.
Timely Report Delivery
Delivery of an in-depth report that includes findings and recommendations via email within 7 – 12 business days of the assessment.
Why Choose FCBI for Phase I and II Environmental Site Assessments?
Comprehensive Assessments
With over 20 years of combined expertise, our team conducts thorough Phase I and II ESAs to fully characterize site conditions and recognize environmental issues.
Certified Excellence
Our qualified environmental professionals have certifications from well-known organizations and have conducted more than 500 Environmental Site Assessments, possessing the knowledge and experience. Our assessments adhere to the ASTM Standards E1527 and E1903.
Clear Documentation
We deliver transparent reports detailing site reconnaissance, records reviews, interviews, regulatory analyses, and conclusions to provide clients confidence and actionable next steps.
Frequently Asked Questions
What is a Phase I inspection?
A Phase I Inspection, or Environmental Site Assessment (ESA), is a study conducted to evaluate potential environmental risks associated with a property, typically performed during real estate transactions.
How much does a Phase I inspection cost?
Costs vary based on factors like property size, location, and complexity. On average, expect costs ranging from $1,800 to $6,500. Complex sites or additional services may increase the overall expense. So, rather than relying on this range, it’s best if you talk to individual companies and get quotes. You can always reach out to our team for more details and our pricing.
What factors influence the cost of a commercial property environmental inspection?
Key factors include property size, location, historical land use, and the availability of information. Sites with known environmental issues may require more extensive assessments, impacting costs.
What is the purpose of a Phase I environmental survey for commercial property?
A Phase I inspection for commercial property is crucial in real estate transactions, providing a comprehensive evaluation for the owner of the contaminated property to qualify for the CERCLA “Innocent Land Owner Defense.” It assesses historical data, and potential hazards, and is a key step in environmental due diligence.
When is an SBA Phase I ESA required, and what makes it different?
Properties purchased through the SBA 504 Fixed Asset Financing Program, with specific NAICS codes (e.g., Funeral Homes, Gas Stations), require a Phase I ESA. SBA mandates higher due diligence, impacting loan costs, and Gas Stations over 5 years old necessitate a Phase II ESA.
What is a Phase II Environmental Site Assessment (ESA)?
A Phase II ESA is a follow-up investigation conducted after a Phase I ESA, focusing on specific areas flagged for potential environmental concerns.
What factors influence Phase II ESA costs?
Costs depend on site complexity, size, location, and the extent of contamination suspected, impacting sampling, analysis, and remediation planning.
How much does a Phase II environmental site assessment cost?
Costs vary widely but may range anywhere from $5,000 and go well over $100,000. Exact expenses hinge on the factors mentioned in the previous question. So, it’s best to reach out to the respective companies and get the pricing figured out.
What is the difference between Phase I and Phase II Environmental Site Assessment?
A Phase I Environmental Site Assessment (ESA) is an initial investigation to identify potential environmental risks associated with a property, involving a comprehensive review of historical records and site inspections. On the other hand, a Phase II ESA is a follow-up assessment conducted if Phase I identifies potential contamination. Phase II involves detailed testing and analysis to assess the extent and nature of the identified environmental issues, providing crucial data for remediation and risk management. Both Phase I and II Environmental Site Assessments are essential components of due diligence in commercial real estate transactions.
When is a Phase II Environmental Site Assessment recommended?
A Phase II Environmental Site Assessment (ESA) is recommended when Phase I findings indicate potential environmental risks. We offer turnkey subsurface investigation services, including drilling, sampling, and geophysical surveys, with proven expertise in addressing concerns promptly under tight schedules and site constraints.
Is your commercial property due for an assessment?
Ensure your property meets the highest standards. Book your commercial inspection today!