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"Limited-Phase I" Environmental Site AssessmentThe "Limited-Phase I" Environmental Site Assessment (ESA) is a slightly scaled-down version of the ASTM-Phase I ESA. It is again a non-intrusive study (no soil sampling, groundwater sampling, geophysical survey, or other subsurface investigations are conducted) that evaluates the potential presence of contamination on a commercial or industrial property. A "Limited-Phase I" ESA (like the ASTM-Phase I) is designed to assess whether a specific property is likely to be contaminated, however, if a reasonable potential for on-site contamination exists, a full ASTM-Phase I is recommended to determine the nature and extent of any potential contamination. The assessment includes an evaluation of past and present uses of the target property, and properties near the site (the ASTM Standard E1527-05 defines specific search distances for specific information sources, within which nearby properties must be included in the ESA). Information on nearby properties is important because liability may be assigned to the property owners that release hazardous substances which contaminate another site. Also, contamination that has migrated to the target property from elsewhere may materially affect the target property's value, impair its development potential (or delay the progress of development), or require that the target property's owner incure the cost of remediating this contamination if the owner cannot prove that it did not originate on the target property. Conducting due diligence enables parties involved in a commercial or industrial property transfer to protect themselves from possible future CERCLA liability by qualifying for the "Innocent Landowner Defense." Conducting a "Limited-Phase I" ESA will help ensure that a party qualifies for this defense. Key Benefits
PricingThe cost of DCI's "Limited-Phase I" ESA may vary depending type, size, and location of property. Please contact DCI for pricing specific to your project. |
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