Phase I Environmental Site Assessment
Vernon Environmental, Inc. (VEI) is dedicated to following the
latest Phase I ASTM standards for it clients involved in
purchase and sale of properties. We are price competitive. VEI
works expeditiously to complete the Phase I ESA to meet your
real estate transaction schedule.
Financial lending institutions require a Phase I Environmental
Site Assessment (ESA) as part of its commercial real estate
lending practices to identify whether or not Recognized
Environmental Concern liability exists under the US EPA’s
Comprehensive Environmental Response, Compensation, and
Liability Act (CERCLA). The body responsible for providing
environmental standards is the American Society of Testing and
Materials (ASTM). The specific environmental standard is found
under ASTM 1527. ASTM E 1527-05 is a new Phase I ESA standard.
As prospective owners (buyers) of properties, VEI uses this
standard to fulfill regulatory requirements as part of
maintaining CERCLA liability defenses.