The Phase | Environmental Audit builds on the E1528 Transaction Screen and provides a complete evaluation of past and present activities on and in the general vicinity of the subject property. Through this process, ANCO is able to more thoroughly identify and evaluate potential environmental concerns, including those on adjacent lands, that could adversely impact the environmental quality of the subject property.
ANCO’s Phase | Environmental Audit includes a thorough historic property use review, an environmental risk inventory within one mile of subject property, a thorough inspection of the property, and a review of the current or immediate past operation. The current operation review includes an evaluation of waste disposal practices and an inventory of hazardous materials.
This Phase I audit is a rigorous investigation of the site’s uses and is the clearest measure of environmental liability.