Environmental Site Assessments
A Phase 1 Environmental Site Assessment (ESA) is a standard method for protecting property owners, property investors, and managers from environmental liability.  An ESA is a baseline assessment for controlling environmental liability for lenders, buyers, insurers, and investors demonstrating their due diligence.  Once a Phase 1 assessment is complete the purchaser or the bank qualifies for the CERCLA Innocent Landowners Defense designed to allow the owner of the property to defend against liability of hazardous substances placed by a third party.  Environmental assessments are in the best interest of protecting today's lender, buyer, and seller.

Olson Environmental, Inc. includes the following research into a typical Phase 1 Site Assessment:

• An assessment of current and past uses and practices of the property;
• A review of owner/operator records;
• A review of local, state, and federal regulatory agency records including information regarding underground storage tanks, and spills or leaks of potentially hazardous materials;
• A physical survey of the property and surrounding properties to assess the previous and current occupants in the area;
• A review of data regarding the local hydrology and geology;
• An on-site visual inspection looking for signs of potential environmental hazards.

• Purpose and Scope of Work
• Subject Property Description
• Records Review
• Site Reconnaissance and Interviews
• Summary and Recommendations

Appendices (photographs, site diagrams, and environmental research resources)

• Lead
• Asbestos
• Radon
• Formaldehyde
• Electromagnetic Fields
• Pesticides/Herbicides
• PCBs
• Above and Underground Storage Tanks
• Wastewater (Drains)
• Hazardous Waste
• Other

Olson Environmental, Inc. is pleased to answer all questions and provide additional information as needed.  Please call us for a free proposal.