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environmental site assessments Phase I, II, III Environmental Site Assessments

Environmental Site Assessments

Environmental site assessments are provided by American Environmental Consultants. AEC understands that due diligence environmental site assessments or environmental transaction screens are just one aspect of a real estate transaction. Our objective is to ensure that due diligence disclosures are presented in a clear, concise, and complete report without speculation. During our environmental site assessments we identify and evaluate potential and recognized environmental issues and concerns that our clients may encounter when financing, acquiring, or managing real estate.

The purpose of AEC's Phase I Environmental Site Assessments is to provide an independent, professional opinion of any recognized environmental conditions and potential environmental liabilities associated with the real estate. Based on the results of the assessment, we provide practical, economical, and sound environmental recommendations if needed or applicable.

In general, due diligence environmental site assessments include, but are not limited to, the following:

  1. Inspecting the site to assess potential environmental liabilities, such as storage tanks, polychlorinated biphenyls, asbestos, hazardous chemicals, petroleum products, and wastes
  2. Interviewing property managers or other parties familiar with the current and historical use of the real estate
  3. Reviewing regulatory environmental files and databases
  4. Researching site history
  5. Reviewing adjacent properties to evaluate potential sources off-site contamination
  6. Reviewing property environmental files and reports, as available

AEC's Phase I Environmental Site Assessment meets the scope and limitations of ASTM's "Standard Practice For Environmental Site Assessments," E 1527 and E 1528, which define good commercial and customary practice for conducting Phase I and II Environmental Site Assessments and establishing "due-diligence." AEC's assessments are intended to satisfy the due diligence requirements to qualify the site owner for the innocent landowner defense to CERCLA liability.

In addition to Phase I assessments, we can also handle Phase II and Phase III assessments, if necessary.

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2 South 053 Valley Road, Lombard IL, 60148-5125
Tel: 630.916.8300 Fax: 630.916.8305
E-mail: info@americanenvironmentalconsultants.com

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