Phase I Environmental Site Assessment is strongly recommended to ensure the new property is not in fact a liability.
A Phase I ESA is the first step in site characterization. Conducting a Phase I ESA is usually a requirement prior to a property transaction, transfer, estate settlement, insurance, development, financing or remortgaging. It is one of the many steps of the due diligence process required prior to land acquisition or site re-development.
The assessment may be requested by a lender, insurance company, municipality or various levels of government. Even if it is not a requirement by a third party, conducting a Phase I Environmental Site Assessment is strongly recommended to ensure the new property is not in fact a liability.
During a Phase I ESA we conduct a thorough review of historical records available at different institutions, review municipal and government environmental records as well as to conduct interviews and inspections as a part of the assessment. Phase I is a detailed systematic investigation of the past and current activities on the property as well as an evaluation of the adjacent properties with respect to the risk they might represent for the subject site.
The assessment is completed by experienced environmental professionals trained in evaluating the documentation available and visually inspecting the property. Usually a Phase I ESA does not include soil, groundwater, air or hazardous materials testing unless an enhanced scope of work has been agreed upon initially.
All Phase I ESA reports are prepared and provide recommendations in accordance with the Canadian CSA Standard Z768-01 (R 2016). If no areas of potential concern are identified the report will state that there is no need for further work. In the event, the assessed property is found to be subject to potential or actual contamination further work will be recommended.