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Updated by Fulcrum Resources Environmental on Mar 15, 2020
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Services offered by the top environmental firm

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Site Cleanup & Remediation Services by Fulcrum

Site Cleanup & Remediation Services by Fulcrum

Although a variety of actions and events can trigger the need for a Phase 1 environmental survey, some common examples include:

  1. The purchase of real property by someone not previously on the title,
  2. Consideration by a lender regarding whether or not to provide a loan for the property,
  3. Partnership buyout or redistribution of ownership, and
  4. Application to a public agency for change of use or another discretionary land use permit.

Also, the owner’s desire to learn more about the toxic history of the site may prompt an Environmental due diligence. Sometimes a regulatory agency will force an ESA as well if it suspects that toxic conditions exist at the site.

Components of our Site cleanup & remediation services:
• Review of historical property records
• Research on the land’s use
• Interviews with current and prior owners and occupants of the site
• Inspection of the site
• Review of the site’s current operations and conditions
• Review of administrative environmental documents, files, and database studies
• Assessment of level 1 vapor encroachment and intrusion
• Identification of RECs, Historical RECs (HRECs), and Controlled RECs as well as other conditions indicative of potential environmental impact and financial liability
• Recommendations regarding the findings of the assessment

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5 tips for Environmental Due Diligence in Business Transactions

5 tips for Environmental Due Diligence in Business Transactions

Before we began exploring more about tips for Environmental Due Diligence in Business Transactions, let us quickly understand what Environmental Due Diligence is and when do we need it!

Environmental Due diligence is the formal procedure of analyzing an asset, property, or business before its purchase to let buyers comprehend and oversee potential risks and liabilities related to the purchase. It may include activities to examine financial matters & contracts.

Environmental due diligence audit is an essential tool for any buyer looking to purchase any existing asset.

How much and to what level organizations should address Environmental Due Diligence relies typically upon the idea of the exchange and use of the property after buying.

Learn about these essential five tips to consider for apt levels of environmental due diligence that must be performed in business transactions:

1. Audit needs identification of liability and costs associated with businesses:

Eradicate contamination on owned or leased property;
Cleaning contamination on nearby property owned by others, where contamination has migrated from company property;
Cleanup of contamination on the property where the company’s waste has been sent for treatment or disposal;
Property damage resulting from exposure to hazardous substances;
Fines for violations of environmental laws and permits;
Increased costs of demolition or site redevelopment associated with contamination of the property; and

*2. Confidentiality agreement – *

This confidentiality agreement establishes the scope, process, and limitations of the due diligence before documents are exchanged, and site visits are scheduled. Also, it should protect information prepared by the purchaser, describe a process for the return or destruction of all due diligence documents, report if the transaction is not completed, and establish the procedure for reporting adverse environmental conditions at the property.

3. Conducting EDD early –

Conducting environmental due diligence during the early stages of a transaction is beneficial. The buyer will be in a better situation to draft indemnities or even arrange the negotiation. Likewise, the buyer will get sufficient opportunity to lead a Phase II Environmental Site Assessment (ESA) is required. Also, any specific details can be used to acquire environmental insurance.

4. Getting Complete details list of environmental documents and info from the seller –

It would include existing environmental permits, compliance reports, government notices and violations, prior environmental reports, a description of response actions or remediation projects, a description of claims by any government agency or a third party, contingent liabilities, and the company’s environmental reserves.

*5. Connecting with an environmental consultant – *

An environmental due diligence consultant will conduct a Phase I ESA and environmental compliance review. The attorney involved must review the consultant’s contract for the performance of the Phase I ESA and environmental compliance review to ensure the proper scope of work. The buyer must not rely on seller’s old Phase I ESA(s) or environmental compliance review(s) or any Phase I ESA or compliance review that is more than six months old. Connect with a professional and experienced consultant!

Identify environmental permits or contracts that are transferred to another proprietor before the exchange of possession. Also, complete the necessities to transfer the licenses as per relevant law. The environmental due diligence information can be used to assess the Securities and Exchange Commission (SEC) disclosure obligations.

Final Reviews –The environmental due diligence reports must include the facts and circumstances of the particular transaction. The results of the environmental due diligence can help to assess the current facilities considering the buyer’s business needs and determine the prospective environmental implications.

You can request for quote mentioned on the website to know the environmental due diligence process done from us or can fill in the Contact form for the service. We would be happy to assist you!

Visit here for more information about our services: https://www.frenviro.net/5-tips-for-environmental-due-diligence-in-business-transactions/

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Site Closure by Fulcrum Environmental Consulting

Site Closure by Fulcrum Environmental Consulting

Unfortunately at times, buildings and sites need to be closed down and decommissioned. Oftentimes environmental concerns need to be addressed prior to a site closing or decommissioning. Fulcrum can help Site Closure, assist a site design and implement a safe closure plan which identifies key environmental concerns and provides actionable directives.

Email: info@frenviro.com
Phone: 800-385-7105

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5 tips for Environmental Due Diligence in Business Transactions

5 tips for Environmental Due Diligence in Business Transactions

Environmental Due diligence is the formal procedure of analyzing an asset, property, or business before its purchase to let buyers comprehend and oversee potential risks and liabilities related to the purchase. It may involve actions to analyze financial matters & records.

Email: info@frenviro.com
Phone: 800-385-7105

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Green Energy & Sustainability Consulting Company of USA

Green Energy & Sustainability Consulting Company of USA

Fulcrum Resources Environmental is a leading independent US Based consulting company, specializing in renewable energy and sustainability. We have commercial relations with the market of energy suppliers, and are fully unbiased. Our aim is simple - to help our customers save time, energy, and money.

Fulcrum Resources Environmental has over 50+ members of staff, and more than 1.6 TWh of energy on supply.

Site: https://www.frenviro.net/green-energy-sustainability-consulting/

Engineering Commercial Construction Company in California

Fulcrum is a leading commercial construction firm providing residential construction management and engineering services, UST removal in California.

Site: https://www.frenviro.net/engineering-construction-management/
Phone: 800-385-7105

Use of Aquifer Testing and Groundwater Modeling to Evaluate Aquifer

In our last blog, we discussed what the Aquifer Performance test is! (Read On the previous blog https://www.frenviro.net/aquifer-testing-techniques-for-improve…

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Aquifer Testing Techniques for Improved Hydro-geologic Site Characterization

Aquifer Testing Techniques for Improved Hydro-geologic Site Characterization

Aquifer testing is a vital element in the classification method for Hydro-geologic Site Characterization. In many engineering tasks that consist of mine dewatering, groundwater remedy systems, commercial water wells, and aquifer storage projects, Aquifer takes a look at works.

Website- https://www.frenviro.net/aquifer-testing-techniques-for-improved-hydro-geologic-site-characterization/

Contact here-
415 West Chestnut Ave
Monrovia CA 91016
Email: info@frenviro.com
Phone:800-385-7105

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Top Environmental Consulting Firms in Texas

Top Environmental Consulting Firms in Texas

Fulcrum Resources Environmental is an environmental consulting firm focused on responsibly moving business forward through environmental problem-solving. Fulcrum Resources is headquartered in California with offices in Texas and Florida. Our expanding team of environmental engineers and experts assist clients needing assessment, remediation, compliance, natural resource and industrial hygiene related services.

Fulcrum Resources Environmental promise is to recognize and deliver opportunity to stakeholders while at the same time improving the community’s quality of life.

Email: info@frenviro.com
Phone: 800-385-7105
https://www.frenviro.net/