Limited Environmental Due Diligence
In some cases, landowners may find it in their best interest to independently conduct a series of Limited Environmental Due Diligence investigations prior to conducting a full scope Phase 1 Site Assessment or Phase 2 Subsurface Investigation. By taking smaller steps in the form of limited assessments, landowners can use these limited results as a decision-making-tool when undecided about engaging in a property transaction.
Limited Environmental Due Diligence Reports are generally conducted for properties without a known history of contamination. The more comprehensive options are site assessments for properties assumed to have higher liability risks, and also provide buyers with CERCLA liability protection as Innocent Land Owners (ILO). Limited Environmental Due Diligence reports are a cost-effective way to initially evaluate the environmental risks of a property.
A Desktop Report is a limited due diligence report that allows property owners to economically evaluate the potential for contamination risk at a property by unforeseen causes.
A Transaction Screen Assessment is a limited environmental due diligence report geared towards the loan qualification process Small Business Administration (SBA).
Limited Subsurface Testing is geared to provide a landowner with a particular set of data that may not be certain enough to determine whether contamination does exist, but -at the same time- provide reliable enough information to be used as a tool for better judgment about engaging in a transaction. This includes sub-slab soil gas testing, shallow soil sampling and more.
Deciding between Limited Environmental Site Assessment Reports and complete Phase I Site Assessment Reports can be difficult and stressful. For all inquiries, call us at (888) 930-6604 to speak with a licensed geologist or engineer.
Forward-Thinking Geologists, Engineers & Contractors