In Michigan, a Phase I ESA is used to locate Recognized Environmental Conditions (RECs) associated with a property or parcel of land.
It can be hard to identify potential environmental issues, yet when you purchase property, you can become responsible for associated environmental problems. This can be a significant liability. A Phase I ESA helps mitigate the risk by identifying potential environmental impacts present on a property prior to purchase.
Phase I ESAs aim to achieve this by creating the full record of a property by utilizing a combination of historical research and inspection of current conditions. This works to identify the potential presence of hazardous substances or petroleum compounds that could pose a threat to human health or the environment. Ultimately, a Phase I ESA helps limit you, and your lenders, liability.
We have developed a Phase I ESA that meets the requirements set forth by the American Society of Testing Materials Standard Practice for Phase I Environmental Site Assessments and Environmental Protection.
Phase I ESA Frequently Asked Questions
What is a Recognized Environmental Condition (REC)?
A REC is the historical or current presence of hazardous substances on a property due to an unauthorized release. This can be in the form of an existing release, the imminent threat of a future release, or a past release to the environment.
What type of report will you receive from a Phase I ESA?
Aegis’s Phase I ESAs meet the required American Society for Testing Materials (ASTM) Standard Practice requirements for Phase I Environmental Site Assessments (E1527-13) and Environmental Protection.
What are the next steps if a REC is found on the property?
If a REC is identified on your property an environmental professional will assess the potential for contamination. In many cases additional assessment in the form of a Phase II Investigation will be recommended. This can include sampling soil, groundwater, or vapor to identify contamination on the property. Aegis has experienced environmental professionals on staff to help guide you through the Phase I, Phase II, and remediation process.
How long does a Phase I ESA take to complete?
Phase I ESAs typically take 2 to 3 weeks to complete based on the property’s size, history, and available information. Phase I’s can be completed with a faster turnaround time, but this increases the risk of data gaps and incomplete information.