The Phase I Environmental Site Assessment (Phase I ESA) is the leading product in BEE's Environmental Due Diligence service. Our primary environmental expertise is Phase I ESAs and their role in the commercial and multi-family real estate industry. BEE specializes in providing Phase I ESA reports in Kentucky, Tennessee, and Indiana that fully conform to the ASTM E1527-21 Standard for commercial real estate lenders and investors.
A Phase I ESA is the gold standard for evaluating the environmental liability associated with a real estate asset of any type. Whether the property is industrial, commercial, mixed-use, multifamily; BEE is able to fully assess the historical and current uses of the property. BEE is truly an expert at the implementation of the ASTM E1527-21 Standard. Our Phase I Environmental Site Assessments are done by an Environmental Professional who far exceed the requirements of the EPA's All Appropriate Inquiries (AAI) Standard.
The EPA's All Appropriate Inquiries Rule governing the scope of Phase I Environmental Site Assessments went into effect on November 1, 2006 and provided specific scope requirements for a Phase I ESA to meet the requirements of the Comprehensive Environmental Response, Compnsation and Liability Act's (CERCLA) innocent land owner defense. We help buyers meet the legal requirements for the CERCLA innocent landowner defense and we provide practical business advice on environmental liability.
Our Standard Phase I ESA Scope of Work goes Beyond the All Appropriate Inquiries Rule and includes:
Historical Research
Site Visit
Geology and Hydrogeology
Regulatory Research
Interviews and Document Review
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