Environmental Due Diligence
Environmental Due Diligence (EDD) is a formal assessment of a property for potential risk of environmental contamination, such as soil or groundwater contamination
As environmental regulations become increasingly stringent, never before have property developers and procurement teams needed to protect themselves from the hidden environmental liabilities associated with a major property transaction including a purchase, sale, lease, or refinancing. Environmental Due Diligence has become a fundamental requirement at pre-acquisition phase of any major property transaction in order to manage risks and avoid financially devastating liabilities.
The Environmental Protection Agency's (EPA) prescribed method for responsibly conducting environmental due diligence involves Phase I and Phase II risk assessment in order to identify and quantify contaminants at any given site and determining their potential impacts to human and environmental health.
PTL, with our amply qualified team have been delivering these projects in a timely manner for our clients nationwide for almost two decades.
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