by Caltha, LLP | Feb 19, 2026 | Environmental Site Assessment, FAQ
What is A Recognized Environmental Condition? A Phase I Environmental Site Assessment conducted to meet ASTM E 1527 is intended to identify Recognized Environmental Conditions, or REC, associated with a property. Simply, a REC is a condition in which a spill, leak or...
by Caltha, LLP | Feb 19, 2026 | Environmental Site Assessment, FAQ
This is one of the most common questions we receive. How Long Does It Take To Do A Phase 1 ESA? Answer: 10-15 business days for the vast majority of Phase 1 Environmental Site Assessments. There are a few situations where additional time may be required: Property...
by Caltha, LLP | Feb 19, 2026 | Environmental Site Assessment
How Much Does A Phase 1 Environmental Assessment Cost? Answer: Cost for a Phase 1 Environmental Site Assessment will typically be $1,600-$2,300. This Phase 1 would meet ASTM E1527-21, Standard Practice for Environmental Site Assessments: Phase I Environmental Site...
by Caltha, LLP | Feb 18, 2026 | Due Diligence, Environmental Site Assessment
Conducting environmental site assessments for large tracts of forested or rural lands presents a challenge to strict adherence to the ASTM Standard Method for Phase I environmental site assessments (ASTM E 1527-05). Recognizing this, in December 2008, the U.S....
by Caltha, LLP | Feb 18, 2026 | Due Diligence, Environmental Site Assessment, FAQ
Yes, you do. Since 2005, the requirements placed on Users of ESA reports became more stringent. In addition to the Reliance Letter, each person wishing to use the ESA report must also fulfill all the User Responsibilities outlined in ASTM E 1527-05. Even with a...
by Caltha, LLP | Feb 18, 2026 | Due Diligence, Environmental Site Assessment, FAQ
Why Update An Environmental Site Assessment Report? A Phase 1 ESA is a review of current and historic data sources to assess the potential for contamination on a specific property. Overtime, the information available to conduct this assessment increases. Therefore, a...
