Other environmental site assessment types Phase I environmental site assessment

storage , handling of toxics assessed each site within phase study.

there several other report types have resemblance in name or degree of detail phase environmental site assessment:

phase ii environmental site assessment intrusive investigation collects original samples of soil, groundwater or building materials analyze quantitative values of various contaminants. investigation undertaken when phase esa determines likelihood of site contamination. frequent substances tested petroleum hydrocarbons, heavy metals, pesticides, solvents, asbestos , mold.

phase iii environmental site assessment investigation involving remediation of site. phase iii investigations aim delineate physical extent of contamination based on recommendations made in phase ii assessments. phase iii investigations may involve intensive testing, sampling, , monitoring, “fate , transport” studies , other modeling, , design of feasibility studies remediation , remedial plans. study involves assessment of alternative cleanup methods, costs , logistics. associated reportage details steps taken perform site cleanup , follow-up monitoring residual contaminants.

limited phase environmental site assessment truncated phase esa, omitting 1 or more work segments such site visit or of file searches. when field visit component deleted study called transaction screen.

environmental assessment has little subject of hazardous substance liability, rather study preliminary environmental impact statement, identifies environmental impacts of land development action , analyzes broad set of parameters including biodiversity, environmental noise, water pollution, air pollution, traffic, geotechnical risks, visual impacts, public safety issues , hazardous substance issues.

sba phase environmental site assessment means properties purchased through united states small business administration s 504 fixed asset financing program require specific , higher due diligence requirements regular real estate transactions. due diligence requirements determined according naics codes associated prior business use of property. there 58 specific naics codes require phase investigations. these include, not limited to: funeral homes, dry cleaners, , gas stations. sba requires phase ii environmental site assessment performed on gas station has been in operation more 5 years. additional cost perform assessment cannot included in amount requested in loan , adds significant costs borrower.

freddie mac/fannie mae phase environmental site assessments[1] 2 specialized types of phase esas required when loan financed through freddie mac or fannie mae. scopes of work based on astm e1527-05 standard have specific requirements including following: percent , scope of property inspection; requirements radon testing; asbestos , lead-based paint testing , operations-and-maintenance (o&m) plans manage hazards in place; lead in drinking water; , mold inspection. condominiums, fannie mae requires phase esa anytime initial underwriting analysis indicates environmental concerns.

hud phase environmental site assessment

the u.s. department of housing , urban development requires phase esa condominium under construction wishes offer fha insured loan potential buyers.