One of the most precarious risks a purchaser, lessor, operator or lender faces is the potential risk of acquiring environmentally contaminated property. The severity may range from a spill of lubricating oil to property being declared a "Superfund" site requiring millions of dollars in clean-up costs.

 

For protection during property transfers, Granberry & Associates has developed an effective format for the identification of property transfer risks. Granberry & Associates' "Phase I" Environmental Assessment utilizes ASTM Standard E1527 - 05 (ASTM Standard Practice for Environmental Site Assessments: Phase 1 Environmental Site Assessment Process). The basic components of this ASTM Standard are as follows.

 

 

The key to Granberry & Associates' success is our ability to assemble and accurately interpret relevant data. Our thorough evaluation permits us to develop a professional opinion on the risk associated with the site and probability of contamination. The results, conclusions and supporting documentation are presented in a comprehensive report, enabling our clients to make more informed business decisions.

 

Current or prior usage at a site may indicate a reasonable chance of on-site contamination. In these instances when it is not possible to provide a professional opinion without a defined subsurface investigation, for possible contaminants ("Phase II" assessment), Granberry & Associates will recommend and assist in appropriate additional investigations.

 

Granberry & Associates have provided environmental assessments at a wide variety of sites. Using our varied technical backgrounds, corporate experience and ability to communicate effectively with environmental attorneys, we will provide you with the quality environmental assessment that not only satisfies lenders, but enables you to make informed decisions with confidence.