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You are here: Home » Resources » Articles » Ready, Fire, Aim! The Order of Operations During Environmental Due Diligence

August 29, 2016

Ready, Fire, Aim! The Order of Operations During Environmental Due Diligence

By Partner ESI

Partner Explains Why Order of Operations Matters In Environmental Investigations

As Dick Cheney’s former quail hunting partner can attest, order of operations matters. Ready, Aim, Fire is a good standard practice. Whereas Ready, Fire, Aim results in plucking unrequested buckshot from your skin.

The Phases of Environmental Investigations

The same holds true for environmental consulting—without the buckshot collateral damage (well, most of the time!). Thorough evaluation of environmental conditions at a property during the due diligence period has a definitive starting point, known as the Phase I Environmental Site Assessment. Standardized by ASTM International, the Phase I ESA is designed to identify potential environmental concerns (known as recognized environmental conditions (RECs). The Phase I ESA does not generate any new data, but rather, is an exercise in historical research, interviews, and visual site reconnaissance.

Continue reading the GlobeSt blog here.

About the Authors

Partner ESI

Partner ESI

Founded in 2007, Partner Engineering and Science Inc., is the leading provider of engineering, environmental, energy, and construction consulting for the commercial real estate (CRE) industry. Touching 1 in 5 CRE transactions in the U.S., Partner is widely recognized as the largest and best provider of third-party physical due diligence reports, including Phase I Environmental Site Assessments, Property Condition Assessments, Seismic Risk Assessments, Zoning Reports, ALTA Land Title Surveys, and Construction Risk Management. Partner’s connectedness to the CRE market gives it an unparalleled view into CRE trends and risk management insights. Partner also provides a full suite of consulting services to support the entire real estate lifecycle, including: Geotechnical Consulting; Building Systems Consulting; Capital Management and Project Implementation Support; Environmental Health & Safety Consulting; Energy, Sustainability & Resilience Consulting; and Site Civil Engineering. With a responsive approach scaled for speed and agility, Partner helps clients manage risk, make smart investments, optimize asset performance, and win at their real estate investment strategies. Based in Torrance, Calif., Partner has over 1,400 employees in 40 offices around the globe.

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