Phase IV Environmental Site Assessments
Real estate transactions are not free from risks. The property you are buying may come with unknown environmental liabilities which might not be visible on simple visual inspection. As the new owner, you might be liable for cleanup of environmental liabilities from the site.
For this reason, it has become a norm to conduct environmental due diligence before any commercial real estate transaction to determine the environmental concerns of a property.
Environmental assessments include a number of steps and phases which are required for effective identification of environmental liabilities or liens. We begin the process with a Phase I Environmental Site Assessment (Phase I ESA) and follow it up with Phase II and Phase III ESA to determine the presence of contaminants on a site.
The ESAs depend on various techniques such as visual inspections, documents review, interviews and more to find out if the property has any environmental concerns. The process helps us identify the contaminants present on the property which could pose a risk to human health. The environmental concerns are known as recognized environmental concerns (REC) and confirmed through collection and analysis of soil, air or groundwater samples.
We determine the extent and spread of contamination during our Phase III ESA and identify the RECs that need cleanup or remediation.
It's imperative that you will need a proper plan to get rid of the contaminants from your site. That's exactly what Phase IV ESA is concerned about and involves the development of a Remedial Action Plan (RAP) to clean up the site. All remedial actions are carried out based on the plan so that you get the best results without any room for errors.
New York Engineers performs full-scale environmental assessments offering Phase I, Phase II, Phase III and Phase IV ESAs. Our experienced environmentalists know the best ways to decontaminate your property so that you can redevelop or occupy it without any concerns. Our Phase IV ESAs do an effective job of purifying your site so that you can comply with all required local, state and federal regulations.
When you need a professional hand to help you remediate your property, think of us as we have been performing Phase IV ESAs for years with complete success!
Why do You Need a Phase IV Environmental Site Assessment?
When your Phase I, Phase II and Phase III ESAs identify and confirm present RECs, you need to clean them up before you can carry out further construction or offer it for occupancy. This is to ensure that the site doesn't pose any risk or threats to people who live, work or occupy the premises. You will also need to remediate your site to check the spread of contamination to ensure the safety of your neighbors and other people.
The cleanup of your property cannot be done haphazardly. You need a proper plan which details the exact methods and procedures for remedial actions and how they will be implemented. This plan is known as Remedial Action Plan or RAP and must be prepared by authorized and qualified environmental professionals. The plan should also be approved by applicable environmental agencies before they are implemented.
The Phase IV ESA is done to develop a RAP based on the conditions and contaminants of a property. Phase IV ESA will be built on the findings of prior ESAs which confirm the presence or absence of contaminants and their extent of contamination. So without a RAP you cannot proceed to clean up your site.
Our experienced engineers and environmentalists conduct Phase IV ESAs and come up with highly efficient Remedial Action Plans. They consider the nature and extent of each REC before putting their heads together to devise a way to eliminate them from your property. You are guaranteed to get 100% remediation by implementing our RAP during the Phase V ESA.
We can help you in identifying potential RECs, determine the extent of contamination and devise the best remedial plans to meet your unique needs. You can go ahead and redevelop without fear once your site has been remediated based on our Phase IV ESA Remedial Action Plan.
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