As a nationwide provider of environmental and engineering due diligence reports, including Phase 1 Environmental Site Assessments, I often get asked the question from my clients “Do I really need a Phase 1?”. The answer may surprise you. Of course, the simple answer is YES, only a Phase 1 ESA to ASTM E1527-05 and the Environmental Protection Agency’s (EPA) All Appropriate Inquiry (AAI) standard can protect the User of the report against CERCLA liability. However, there are many other limited environmental assessments that are used in the industry as a business decision tool for buying and/or lending on properties. These assessments, being limited in nature are generally faster and cheaper than a Phase 1 ESA. This is because these assessments are, for the most part, “pieces” of the Phase 1.
Continue reading the GlobeSt blog here.
April 23, 2025
State and Local Regulations Will Continue to Drive Fannie Mae and Freddie Mac Radon Testing Practices By Pamela Horne, Environmental Technical Director of Agency Services, and Shavaun Cotter, Technical Director, […]
April 22, 2025
Strategies for Navigating the Complexities of High-Stakes Hospitality Builds By Robert Barone, RA, LEED AP, Director, Institutional Construction Services | Partner Engineering and Science, Inc. Originally Published in the 2025 […]
April 22, 2025
Lessons from the Field: How Lenders Can Spot Trouble Early and Protect Their Investment By Kyle Gustafson, National Client Manager, Partner Engineering and Science, Inc.; and Mark Petit, SVP, Operations […]
