PIERS Phase I Environmental Site Assessment Reports are the industry standard on which buyers, sellers and lenders rely to make investment decisions. PIERS provides the due diligence necessary to help protect all parties involved in a real estate transaction from environmental liabilities and in particular buyers that want to meet the requirements for CERCLA’s innocent landowner defense. Our reports meet and often surpass the most current standards found in ASTM Standard Designation E1527-13.
PHASE I ESA Components:
- On-site Reconnaissance: a thorough site and surrounding sites inspection performed by a PIERS Project Manager. Observations are documented and potential environmental concerns can be identified and/or confirmed with onsite personnel
- Historical Records Review: the documented history of the site is gathered from multiple Federal, State and Local sources such as: aerial and satellite photographs; local fire, building, health, water district and planning department files; historical fire insurance maps, topographic maps, city directories, title documents, county assessor’s maps and regulatory agency database records.
- Interviews with current and past owners, property managers, neighbors, tenants, and local regulators, are conducted, as necessary, in accordance with ASTM requirements.
- A PIERS IHMS Radius Report is generated, reviewed and interpreted for the project/report.
- Governmental agency file reviews are performed to assist in determining any environmental conditions that are of concern for the site and in order to obtain the historic and current regulatory agency status for the site and surrounding sites.
- A comprehensive and well-written report including conclusions and recommendations is promptly delivered to the client.
PIERS Phase I Reports are based on diligent research into a site and its history. PIERS comprehensive reports present a clear overview of the recognized environmental conditions on a site, clearly illustrate the presence or absence of environmental risk, and contain an opinion of related risk and recommendations for our clients.