This document provides an overview of environmental due diligence services provided by GLE Associates, Inc., a consulting firm formed in 1989. It describes the Phase I, Phase II, and Phase III environmental site assessment processes defined by ASTM standards to identify potential environmental risks and contaminants at a site. A Phase I assessment involves records review, site visits, and interviews to identify recognized environmental conditions. Phase II involves sampling if a Phase I finds potential issues, while Phase III determines the extent of contamination to estimate cleanup costs. The document is intended to educate clients on environmental due diligence and GLE Associates' expertise in this area.

1. Environmental Due
Diligence Overview
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2. .......GLEAssociates,Inc.
Company Background
• Formed in 1989
• Strong Base of Technical Expertise
• Geographic Accessibility
• Financial Stability
• Client Satisfaction

3. .......GLEAssociates,Inc.
Core Competencies
Architecture
• Master Planning
• Land Planning
• Space Planning
• LEED Consulting
• Adaptive Reuse
MEP Engineering
• Mechanical Engineering
• Electrical Engineering
• Plumbing Engineering
• Fire Protection
Building Forensics
• Property Condition Assessments
• Physical Needs Assessments
• ADA Surveys
• Roof Consulting
• Forensic A&E
Construction Consulting
• Owner’s Representative Services
• Plan And Cost Reviews
• Construction Inspections
• Construction Funds Control
• Program Management
• Construction Management for a Fee
Civil Engineering
• Permitting, Zoning, Variances, Land
Use Modifications, DRI’s
• Real Estate Acquisition/Feasibility
Studies/Due Diligence/Site Selection
• Eminent Domain,
Engineering/Estimating
• Site Plans & Land Planning
• Roadways & Streets
• Storm Water, Water & Wastewater
• Environmental Engineering &
Permitting
• Construction Engineering and
Inspections
Indoor Environmental
• Asbestos
• Indoor Air Quality
• Lead-Based Paint
• Radon
Outdoor Environmental
• Environmental Site Assessment
• Contamination Assessments
• Remediation Design
• Turnkey Remediation and Construction
Operations and Maintenance
Other disciplines provided include:
Catastrophe Response
• Cause and origin investigations
• Wind and water loss evaluations
• Fire damage and loss assessments
Property Condition Assessment
• Building Condition Assessment
• Handicap Accessibility
• Roof Consulting
• Building Forensics

4. .......GLEAssociates,Inc.
Office Locations
 Tampa, FL
 Orlando, FL
 Gainesville, FL
 Jacksonville, FL
 Ft. Lauderdale, FL
 Miami, FL
 Atlanta, GA
 Nashville, TN

5. .......GLEAssociates,Inc.
Environmental Due Diligence
Overview
 Why complete Environmental Due Diligence?
 Types of Due Diligence
 Phase I, Phase II, and Phase III ESA Process
 SBA Guidance – Environmental Risk Management
 Sources of Error on Phase I ESA Process
 Vapor Intrusion
 Questions

6. .......GLEAssociates,Inc.
Why Complete Environmental
Due Diligence?

7. .......GLEAssociates,Inc.
Why Complete Environmental
Due Diligence?
 Formal Environmental Policy
 Regulatory Pressure
 Loan Risk Management
- New loan origination
- Facility/property acquisition
- Foreclosure
- Loan extension or refinance
- Monitoring over Life of Loan

8. Why Complete Environmental
Due Diligence?
 EDR 2010 Annual Survey of Financial Institutions
 Reviewed Lender Environmental Policy requiring EDD
.......GLEAssociates,Inc.

9. Types of Environmental
Due Diligence
.......GLEAssociates,Inc.
 Phase I ESA Process ASTM E 1527-05
 Phase II ESA Process ASTM E1903-97
 Phase III ESA Process
 Remediation Action Plan

10. Phase I ESA
Process ASTM 1527-05
.......GLEAssociates,Inc.
Definition:
“The purpose of this practice is to define good commercial and customary
practice in the United States of America for conducting an environmental
site assessment of a parcel of commercial real estate with respect to the
range of contaminants within the scope of Comprehensive Environmental
Response, Compensation and Liability Act (CERCLA) (42 U.S.C. §9601) and
petroleum products. As such, this practice is intended to permit a user to
satisfy one of the requirements to qualify for the innocent landowner,
contiguous property owner, or bona fide prospective purchaser limitations
on CERCLA liability (hereinafter, the “landowner liability protections,” or
“LLPs”): that is, the practice that constitutes “all appropriate inquiry into
the previous ownership and uses of the property consistent with good
commercial or customary practice.”

11. Phase I ESA
Process ASTM 1527-05
.......GLEAssociates,Inc.
Goal of a Phase I ESA:
 CERCLA Liability Protection
 Determination of “Recognized Environmental Concern”
 Determination of “Business Environmental Risk”

12. Phase I ESA
Process ASTM 1527-05
.......GLEAssociates,Inc.
Definitions (con’t):
Recognized Environmental Conditions “the presence or
likely presence of any hazardous substances (HS) or petroleum
products on a property under conditions that indicate an
existing release, a past release, or a material threat of a release
of any hazardous substances or petroleum products into
structures on the property or into the ground, ground water, or
surface water of the property. The term includes hazardous
substances or petroleum products even under conditions in
compliance with laws.”

13. Phase I ESA
Process ASTM 1527-05
.......GLEAssociates,Inc.
Definitions:
Business environmental risk “a risk which can have a
material environmental or environmentally-driven impact
on the business associated with the current or planned use of
a parcel of commercial real estate, not necessarily limited to
those environmental issues required to be investigated in
this practice. Consideration of business environmental risk
issues may involve addressing one or more non-scope
considerations.”

14. Phase I ESA
Process ASTM 1527-05
.......GLEAssociates,Inc.
What is included in a Phase I ESA Report:
 Records Review
– Regulatory database search
– Regulatory agency file review
 Historical Use
– Aerial Photographs
– Sanborn Maps
– City Directory Review
– Land Title Records
– BuildingProperty Tax Records
– Zoning Land Use Records

15. Phase I ESA
Process ASTM 1527-05
.......GLEAssociates,Inc.
What is included in a Phase I ESA Report:
 Site Visit
– Visually and physically observe the property
– Currentpast use of property and adjoining properties
– Color Photographs
– Site Plan
 Interviews
– Current Property OwnersOperatorsOccupants
– Local Government Officials

16. Phase I ESA
Process ASTM 1527-05
.......GLEAssociates,Inc.
Limitations of a Phase I ESA Report:
 Out of Scope Items
– Sampling
– Asbestos, Lead, Mold, Radon
– Cultural or Historical Resources
– Wetlands, Ecological Resources, or Endangered Species
– Health, Safety, or Regulatory Compliance
– Checking Title Records for Environmental Liens or Land Use
Restrictions
– Property Appraisal or Review of Purchase Price

17. Phase I ESA
Process ASTM 1527-05
.......GLEAssociates,Inc.
Limitations of a Phase I ESA Report (con’t):
 Phase I ESA report, per the standard,
− Is only good for 180 days,
− At which point an update will need to be
performed

18. Phase II ESA
Process ASTM E1903-97
.......GLEAssociates,Inc.
 Follow-up investigation based on the results of the Phase
I ESA
 Scope is determined by Environmental Professional to
properly address “Recognized Environmental
Conditions” and “Potential Environmental Concerns”
 Typically includes soil and groundwater sampling on the
subject property for laboratory analysis
 Results of laboratory analysis compared to local, state
and federal regulatory guidelines

19. Phase III ESA Process
.......GLEAssociates,Inc.
Goal – to determine the horizontal and vertical extent of
contaminations impacts in order to estimate the method
and cost of cleanup
 Typically includes additional soil and groundwater
sampling and laboratory analysis
 Results of laboratory analysis compared to local, state
and federal regulatory guidelines
 Development of a Remedial Action Plan

20. For a copy of our complete presentation or to
schedule a lunch n’ learn please contact us at:
info@gleassociates.com
1-888-453-4531
www.gleassociates.com
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