Phase I Environmental Site Assessments

The Phase I Environmental Site Assessment is prepared utilizing the ASTM 1527-05 standard. A Phase I ESA is a report that determines the environmental risk associated with lending, purchasing, leasing, or selling a property. A Phase I ESA consists of five basic components, which include: a review of local, state, and federal records; a review of historical sources pertaining to past site uses; interviews with owners, occupants, and other individuals in regard to the property; a site reconnaissance to identify present and past uses and Recognized Environmental Concerns (RECs), if present; and preparation of a written report, which includes findings, conclusions, and recommendations.