Environmental Site Assessments (ESA’s) and Environmental Site Investigations
(ESI’s) are a useful tool employed by property owners, lenders,
mortgagees, leasers, purchasers, adjacent property owners, and government
agencies, to determine historical, existing, and potential environmental
liabilities associated with various properties. ESA’s and ESI’s
are generally conducted in a phased approach:
· Phase I Environmental Site Assessment
(assessment of potential environmental liabilities)
· Phase II Environmental Site Assessment
(quantitative delineation of potential environmental liabilities)
· Phase III Environmental Site Assessment
(remediation phase of delineated environmental impacts)
