Phase I ESA

A Phase I Environmental Site Assessment identifies Recognized Environmental Conditions (RECs) associated with a property which may impact that ultimate value of the property. Bock & Clark adheres to all industry standards in preparation of its reports, giving the user the information needed to proceed in a commercial real estate transaction.

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Overview

Preparation of the Phase I ESA (ASTM E1527-13) is overseen by an Environmental Professional and includes the following:

  • Historical sources
  • Radius map search of the local, state, tribal and federal databases
  • Regulatory interviews of state and local government officials
  • Owner/occupant interviews – past and present – shall be attempted
  • Site reconnaissance performed under the charge of an Environmental Professional – including property structures; periphery of the property; current and past uses of the property; obvious geologic, hydro-geologic and topographic conditions; roads; and potential hazardous substances
  • Non-scope considerations including radon and visual inspections of lead-based paint, asbestos and mold potential. Testing is not included in the basic report but can be conducted for an additional fee

A written report of our observations and conclusions will be prepared and presented in accordance with standard practices.