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Phase I Environmental Site Assessment – Environmental Due Diligence

“Environmental Due diligence" is one aspect of the general due diligence requirements for actions that involve property and the signing of a contract, or another act that requires a certain standard of care.  Environmental due diligence relates to an investigation of the property involved in the transaction.

 

Environmental due diligence typically includes a Phase I Environmental Site Assessments. One reason to perform a Phase I Environmental Site Assessment is to avoid liability under the Comprehensive Environmental Response, Compensation, and Liability Act, commonly referred to as the "Superfund law".

 

A Phase I Environmental Site Assessment is prepared in accordance with "Standards and Practices for All Appropriate Inquiries" 40 Code of Federal Regulations, Section 312 which drew heavily from ASTM E1527-05 which has become known as 'All Appropriate Inquiry' (AAI).

 

McGaha Consulting, Inc. has performed hundreds of Phase I Environmental Site Assessments and has streamlined the process for maximum efficiency.