CALL ESI NOW AT 732-892-8707 TO ANSWER ALL YOUR ENVIRONMENTAL QUESTIONS !

QUICK ASSESSMENT A LOW COST OPTION TO THE PHASE 1 ENVIRONMENTAL ASSESSMENT!

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DO I REALLY A ENVIRONMENTAL PHASE I ASSESSMENT ?

The answer is no. "Quick Assessment" allows the commercial buyer to assess risk at a reasonable price far less that an Phase 1 environmental Assessment. The property buyer that is looking at numerous properties can get a cost effective real time assessment of environmental risk.

WHAT IS THE DIFFERENCE BETWEEN " QUICK ASSESSMENT" AND A TYPICAL ENVIRONMENTAL PHASE 1 ?

There are some difference in the amount of historic property documentation that is collected. Both the " QUICK ASSESSMENT and Phase 1 environmental assessments have site visits included along with a NJDEPHistorical Data Base review.  The " Quick Assessment" also has a Ground Penetrating Radar scan included to identified buried structures and tanks and is considered a preliminary commercial property assessment. The Environmental Phase 1 includes a detailed report while the "Quick Assessment" includes a limited checklist report.

 

WILL MY COMMERCIAL BANK ACCEPT A "QUICK ASSESSMENT" ?

It depends on your banks requirements for commercial property assessment. Most banks do require a classical Phase 1 environmental Site Assessment  as part of the loan package.


WHAT HAPPENS IF POSSIBLE ENVIRONMENTAL CONCERNS ARE IDENTIFED DURING ' QUICK ASSESSMENT.

Typically, if Environmental Systems identifies areas of Environmental Concern, Environmental Systems will recommend extra cost soil and ground water sampling.   The soil and ground water sampling  is needed to access the contamination levels of the property and compare them to NJDEP Remediation standards.

WHO WILL DO THE "QUICK ASSESSMENT ?

Environmental Systems LSRPs and /or Environmental Scientists with a minimum of 5 years experience  will  complete  the assessment.