For over 35 years, ACT has provided due diligence services to financial institutions and private developers. Due diligence is commonly part of a real estate transaction and includes a site-specific inquiry into the environmental characteristics of a subject property. Due diligence begins with a Phase I Environmental Site Assessment (ESA), which is a preliminary environmental assessment designed to identify the presence or absence of recognized environmental conditions (RECs) at a subject property. Phase II ESAs are warranted for properties where RECs have been identified during the Phase I ESA. A Phase II ESA thoroughly investigates the specific areas of environmental concerns at a subject property through sample collection and analysis. Both Phase I and Phase II ESAs are performed in accordance with the active ASTM standards established by the industry. ACT also provides limited environmental assessments, such as Transaction Screens and Environmental Source Reviews, where Phase I and Phase II ESAs are not required.

Due Diligence

Contact: Ray Buzeta, Environmental Scientist: Rayb@act.earth

228 Park Avenue South, PMB 34864, New York, NY 10003 - Tel: (516) 441-5800 - Fax: (516) 441-5511
Website Address: actenvirons.com