Industrial, Clean and Energy Technology (ICE) Venture Fund, Growth & Transition Capital financing solutions, What you need to know about environmental site assessments, due diligence when buying commercial property, 7 commercial real estate surprises to avoid, How to reorganize your workspace to boost productivity, Techniques for better cash flow management, Canadian business productivity benchmarking tool. Basin Environmental is a small environmental consulting company. We understand that real estate transactions consist of many moving parts, and that deals are often waiting on the completions of the Phase I ESA before closing. Commercial Phase I Environmental Site Assessments – Alberta. QEP Environmental provides straight forward and affordable ESA Phase I & II services across British Columbia. Interview with knowledgeable people are also conducted, in accordance with the general requirements of CSA Standard Z768-01. The owner discovers his property has potential to be contaminated from a former on-site gas station that was active in the mid-1990s, which he had no idea existed. The consultant will also collect documents and aerial photos to determine past activities on the site and on neighbouring properties, from which contamination may have migrated. The purpose of a Phase I ESA is to ensure both the purchaser and lender are protected from potential hidden liabilities. This assessment also includes further data analysis and recommendations for site remediation. Women in Technology Venture Fund—Thank you! Based out of Edmonton, Alberta, Basin provides environmental services to companies operating within Central and Northern Alberta. Phase II Environmental Site Assessment is an "intrusive" investigation which collects original samples of soil, groundwater or building materials to analyze for quantitative values of various contaminants. Please fill out the contact form to the right to request a quote for a Phase I ESA. Vancouver, Lower Mainland & Fraser Valley. A summarization of the findings outlining a clear and concise recommendation on whether further investigation is required (Phase II ESA) or no further work is required. Most lenders require an environmental assessment of commercial property and some, including BDC, provide clients with names of accredited experts to do the assessment. Home | Our Services | Project Portfolio| Contact Us A variety of ESA Assessments have been carried out by QEP Environmental staff for small commercial and retailer facilities, as well as large scale, industrial assessments. Copyright 2014, QEP Environmental Consulting. A Phase 2 assessment, which can include soil sampling or other tests, provides a better understanding of the condition of the land, groundwater and structures on the property. The samples are analyzed at a certified analytical laboratory. Kelowna, Okanagan, British Columbia. The rules for establishing liability for contamination can be complicated and time consuming. LaBossière gives the example of an entrepreneur who bought a property for cash without conducting due diligence. “Recently, when an entrepreneur indicated that he was interested in purchasing a property, I checked the database and was able to tell him that the property was contaminated,” says LaBossière. Even a site that appears perfectly clean today could have previously housed a gas station or dry cleaner. Subscribe to receive, via email, tips, articles and tools for entrepreneurs and more information about our solutions and events. A Phase I ESA (or Stage 1 Preliminary Site Investigation as its referred to in BC) is a non-intrusive investigation of current site conditions/operations, and a historical review of environmental records relating to the Site and surrounding area. The Stage 1 Preliminary Site Investigation or Phase I Environmental Site Assessment is the initial step of an environmental assessment process for a site. Edmonton: 587-269-1180Calgary: 403-800-3061Saskatoon: 306-988-8663. The consequences of not getting an ESA before purchasing a property can be costly and time consuming. The scope of work for this type of an investigation is non-intrusive in nature and does not involve a sample collection and analysis program. Nevertheless, the best strategy is preventing contamination by working to limit the impact of your business on the environment. “The purpose of due diligence is to make sure a purchaser’s liability is limited,” says Dan LaBossière, Assistant Vice President, Business Development at BDC. Reviewed By: John Rea, B.Sc. The entrepreneur decided it was too complicated to pursue the vendor and paid the remediation costs—more than $100,000—himself. PHASE I ENVIRONMENTAL SITE ASSESSMENT 7054 Hart Highway Prince George, BC Prepared For: GeoNorth Engineering on behalf of Northern Health Prepared By: Kristen Ash, B.Sc. You may need a Phase 1 ESA even when leasing commercial property. Given that travel distances vary widely in Western Canada, its best to contact us with the address and location of your site. If you would like to discuss a potential project and/or receive a detailed quote, please contact Darcy at 587-269-1180 or firstname.lastname@example.org. What is a Phase I Environmental Site Assessment (ESA)? The Environmental Group at Basin prides themselves on transparency and customer communication. BASIN Environmental | 115 Nottingham Road, Sherwood Park, AB, T8A 5M3, Canada, Commercial Environmental Site Assessments – Alberta, Commercial Environmental Site Assessments – British Columbia, Commercial Environmental Site Assessments – Saskatchewan, Environmental Project Manager - Sherwood Park, Environmental Field Specialist - Sherwood Park. “There is generally a higher probability of contamination issues on older properties than in developments that are 20 to 30 years old,” says LaBossière. “You don’t want to be in a position where you have to pursue a vendor after a sale,” says LaBossière. Basin prices our Phase I ESA with a fixed rate plus travel. As a condition to receive financing, the lender requires the owner has to conduct a current Phase I ESA on his property. An environmental consultant looks for visual evidence of actual or potential contamination, such as underground storage tanks. The environmental assessment process ensures that any potential environmental, economic, social, cultural and health effects that may occur during the lifetime of a major project are thoroughly assessed. An ESA Phase 1 includes a visual inspection of the site and an extensive database search for any historical contaminations. Essentially, an ESA will help identify the existence and scope of soil or groundwater contamination (e.g., from petroleum, heavy metals, pesticides or herbicides), as well as the presence in buildings of products such as asbestos, lead paint or mould. “Often, a business will have cleaned up its own property, but neighbouring property owners have not done the same,” explains LaBossière. 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.
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