Phase I ESA for Gas Stations
Geobore-Ark's
Drilling Geoprobe |
Ark Engineering Services routinely
performs inexpensive phase I
Environmental Site Assessments for many
banks, real estate agents, and corporate
clients. Based in Indianapolis, Indiana,
Ark is well positioned to serve a
diverse, nationwide client base.
Phase I Environmental Assessment (phase one)
The phase I ESA is generally
considered the first step in the process
of environmental Due Diligence.
Standards for performing a phase I Site
Assessment have been promulgated by the
US EPA and are based in part on ASTM in
Standard E1527-05. The phase I site
inspection includes examination of
potential soil contamination,
groundwater quality, and surface water
quality through a site inspection and
review of the property's history. Phase
I ESAs typically are performed by
buyers, sellers, brokers and lenders who
are involved in the sale, purchase or
lease of industrial, commercial and real
estate properties. Phase I ESAs are
typically required by lenders in order
to assure that properties do not process
environmental conditions that could
diminish the value or the property, the
ability of the borrower to repay, or the
establish baselines to allocate
responsibility for clean-up costs.
A phase I (phase one) typically consists of the
following key elements:
-
Document Existing Site Conditions
-
Site Reconnaissance
-
Land Use Record Search
-
Data Evaluation
-
Document Existing Conditions
-
Limited Records Search
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