You asked: How much does a Phase 2 environmental cost?

The price of a Phase II Environmental Site Assessment can vary, depending on the aspects of a property. The Phase II Environmental Site Assessment cost is typically between $5,000 and $8,500 (for a standard commercial lot). Sometimes, Phase 2 ESAs can cost as much as $25,000.

How long does a Phase 2 Environmental take?

Generally, the Phase II ESA will take approximately four weeks.

How much does an environmental review cost?

The average cost of a Phase I Environmental Site Assessment is usually between $1,500 and $6,000 but can be more or less depending on different variables and specifics of the job.

How long is a Phase II Environmental Site Assessment good for?

says that past investigations can only be relied on for 1 year, then the Phase II work has the same 1 year time frame.

What is a Phase 2 environmental audit?

A Phase 2 Environmental Site Assessment or a Phase II Environmental report is a scientific test whereby geologists drill and sample soil, soil-vapor, and groundwater to test for pollution. … A Phase II Environmental also follows ASTM Standards under the responsible charge of a professional geologist.

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What triggers a Phase 2 ESA?

Typically, a Phase II ESA includes sampling of one or more media including indoor air, soil, soil vapor and/or groundwater for contaminants or metals. The media and contaminants sampled and analyzed as part of a Phase II ESA are highly dependent on the historical use of the site.

How much does an environmental impact report cost?

The costs for an EIR can range from $200,000 to millions of dollars. And the obligation to assemble such a report causes delay that contributes to higher costs. California’s Legislative Analyst estimates that California’s ten largest cities averaged 2 ½ years to approve housing projects that required an EIR.

How much is a Phase 1 environmental study?

Phase I environmental site assessment costs usually start at around $1400 but can go up to $4600 or above, depending on the size and complexity of the site assessment. Some firms are open to discounting the price if you need multiple reports, thus lowering the total cost of the Phase 1 ESA process.

Who pays for a Phase 1 ESA?

The lender may initially pay for the Phase I but, if the deal goes through, the Phase I is part of the closing costs paid by the buyer. The buyer: It’s also common to see the buyer arrange for the Phase I to be performed. Often, the reason the buyer seeks out a Phase I is because the lender says they need one!

What is an environmental Phase 2 report?

The purpose of a Phase II Environmental Site Assessment Report is to evaluate the presence, or absence of, petroleum products or hazardous substances in the subsurface of the site.

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Who pays for environmental assessment?

If the lender initially pays for the ESA, the cost will be passed on to the buyer as part of the closing costs. The buyer or developer can also arrange for an ESA. Smaller lenders may require the buyer to get one, or the buyer may want to know the condition of the property before the close.

How long is ESA good for?

Emotional Support Animal letters retain their validity 12 months after they are obtained from the doctor/health professional. You should be aware of doctors or sites that advertise “lifetime” ESA letters because those can set you up for trouble in the future.

How long is a Phase 1 Environmental Good For?

How Long is a Phase I ESA Valid? You may be wondering on the specifics of how long a Phase I ESA is good for in the eyes of the law for a property. The simple answer is one year – if the Phase I ESA was completed more than 365 days ago then it must be re-completed as it is no longer valid.

Is a Phase I necessary before a Phase II?

A Phase I ESA does not automatically need a Phase II.

His recommendations on further testing, sampling, or testing are necessary only when conditions warrant, based on their findings. And, all their findings should be backed up with facts and information.

What is a Phase 1 and Phase 2?

A Phase I primarily assesses the likelihood that a site is contaminated through visual observations, historical use reviews and regulatory records, while a Phase II assesses whether contamination is in fact present. Here are the components of each.

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What is a Phase 2 in real estate?

A Phase II environmental site assessment, also called a Phase 2 ESA, a second-level assessment, or a Phase 2 investigation, is an environmental study of real property in which soil, soil vapor, groundwater, air, building materials, products, wastes, or other materials are measured, sampled, or otherwise characterized.