Description: The purposes of Phase I Environmental Site Assessment ("ESA") are: To identify existing or potential Recognized Environmental Conditions (as defined by ASTM Standard E-1527) in connection with the Property.
Services: A Phase I Environmental Site Assessment is a report prepared for a real estate holding which identifies potential or existing environmental contamination liabilities. The analysis, often called a Phase I ESA, typically addresses both the underlying land as well as physical improvements to the property.
Products: In general, the scope of this consists of reviewing readily available information and environmental data relating to the property; interviewing readily available persons knowledgeable about the site; reviewing readily available maps, aerial photographs and records maintained by federal, state, and local regulatory agencies; and conducting a site visit.
