Environmental Site Assessment

Environmental site assessments are an essential tool for corporate managers, investors, borrowers, and lenders. Environmental site assessments provide due diligence research on developed and vacant properties before purchase, sale, development, refinancing, or foreclosure. The threat of litigation over damage to natural resources or human health and the cost of remedial action are considerations with every property transaction, financial institutions and corporations require environmental information before making a financial commitment. ATOKA performs environmental site assessments to help quantify and qualify environmental risk to help satisfy an innocent landowner defense. Our assessment services include:

• Phase I Environmental Site Assessments Performed According to ASTM Standard E 1527-00
• Phase II Environmental Site Assessments Performed According to ASTM Standard E 1903-97
• Asbestos Sampling, Analysis, and Health Risk Assessment Performed by AHERA Accredited Inspectors
• Soil and Groundwater Sampling
• Radon Sampling With Health Risk Analysis
• Lead Based Paint Sampling, Analysis and Health Risk Assessment
• Mold Assessment and Indoor Air quality Consulting

Strategic Environmental Advice for Mergers, Acquisitions and Property Transfers

In the case of mergers, acquisitions, divestitures or property transfers, the potential costs associated with environmental liability need to be quantified and fully considered. To support such transactions ATOKA identifies liability risks linked to historical, current and future land uses. Using expertise for a variety of industries, we assess the range of possible issues and potential costs so these factors can be addressed during negotiations. Our analyses take into account current and pending regulatory requirements as well as those of financial institutions and underwriters.

For more information
email Cliff McBryde, CMC at cmcbryde@atokainc.com