Property Environmental Services (PES) is a professional consulting firm offering environmental assessment, due diligence surveys, and compliance audits to real estate owners, asset managers, financial institutions, development companies, insurance companies, and public/institutional organizations.

PES is able to perform a Phase I Environmental Assessment to meet the ASTM D-1527 standard, All Appropriate Inquiry (AAI) EPA standard, and the ASTM E-1528 standard for Transaction Screens and in support of SBA lending. After our reports are delivered, we remain available to you or interested parties to clarify any outstanding issues and address follow-up concerns. PES is also capable of providing guidance on Phase II Environmental Assessments to further define and delineate any questionable findings or possible contamination from the Phase I study.

Traditionally, Environmental Assessments are needed to satisfy the requirements of the Innocent Landowner Defense to liability imposed by the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA). These studies are often required by commercial lenders to ensure the value of the property or to establish baselines to allocate responsibility for possible clean up or remediation costs. Many companies conduct Environmental Assessments as a business planning tool prior to purchasing, leasing, or dispossessing of real estate.

The Phase I Assessment is the standard level of due diligence needed to gain an understanding of past environmental issues that may affect property value and potential liability associated with prior site usage. These Phase I studies provide the owner/borrower with protection from environmental liability associated with a real estate asset. The Transaction Screen provides for limited environmental due diligence and do not meet most state regulations required for the “Landowners Liability Protection” within CERCLA of the Federal EPA. These studies serve as an initial screen on low-risk properties and help determine if a Phase I study is warranted.

The client is typically provided two bound copies of our reports with generally a rapid turnaround to meet any deadlines that our clients often are up against. Our reports can be personalized to meet the client needs and can include required governmental or regulatory completed forms as required for your environmental study. The client can be assured that PES, Inc. has insurance coverage for general liability, and errors and omissions, and quality control procedures in place to ensure confidence in our product.

We are able to provide you an estimate for the cost of a due diligence study by the completion of the Due Diligence Study Request Quotation form. If you have more general questions please complete the General Information Contact Request. A PES manager will get back with you quickly by either email or telephone.