Wyoming Agreement with Environmental Consultant to do Site Assessment

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Multi-State
Control #:
US-02176BG
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Word; 
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Description

An environmental consultant works on commercial contracts to address a variety of environmental issues for their clients. They cover a wide range of disciplines such as assessment of air, land and water contamination, environmental impact assessment, environmental audit, waste management, development of environmental policy and development of environmental management systems. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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  • Preview Agreement with Environmental Consultant to do Site Assessment
  • Preview Agreement with Environmental Consultant to do Site Assessment
  • Preview Agreement with Environmental Consultant to do Site Assessment
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FAQ

Costs and timing The cost of a Phase 1 assessment can be between $3,000 and $5,000, while Phase 2 assessments can range from $7,000 to $60,000, depending on the environmental issue.

While not part of ASTM requirements, Phase I ESA reports typically include a discussion of observed suspect asbestos containing materials (ACM), potential lead-based paint (LBP), and mold growth; as well as the potential for lead in drinking water and radon.

Phase I environmental site assessment costs usually start at around $1400 but can go up to $4600 or above, depending on the size and complexity of the site assessment. Some firms are open to discounting the price if you need multiple reports, thus lowering the total cost of the Phase 1 ESA process.

A common question we get is: Who pays for the Phase 1 Environmental Assessment? It varies, but at least half of the time, the buyer will pay in order to meet the lender requirements. However, sellers or property owners will often pay when placing their property on the market.

Usually, the design engineer will determine if you need one depending on the scope and type of work being proposed. In other instances, the government can also require an environmental assessment to comply with local or federal laws and regulations.

Performing a Phase 1 ESA is common practice in order to know whether a property is likely to contain any environmental issues, or recognized environmental conditions. Recognized environmental conditions include the presence, or likely presence, of hazardous materials or petroleum products due to a release or a

In the United States, an environmental site assessment is a report prepared for a real estate holding that identifies potential or existing environmental contamination liabilities. The analysis, often called an ESA, typically addresses both the underlying land as well as physical improvements to the property.

The process for a Phase I ESA can take about two weeks on a property with little history of development. However, in most cases, the review of reports can last for several weeks. On average, the total time for Phase I ESA is around 2 to 4 weeks.

Phase I Environmental Site Assessments cost anywhere between $1,800 and $6,500+. Phase II Environmental Site Assessments cost anywhere between $1,000 and $100,000+.

Typically, Phase 1 reports are performed by environmental engineering consultants. Most authorities recommend hiring an experienced consulting firm. Phase 1 environmental reports require very specific information and language in order to protect the property buyer from future liability.

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Wyoming Agreement with Environmental Consultant to do Site Assessment