Sunday, January 20, 2008

Free Environmental Report Review

The free environmental report review is something that we do with all our existing customers, its how we obtain business referrals. That is why we do not charge for any report reviews no matter how large. We guarantee your privacy if you send us reports. We can normally turn a review around within 12 - 24 hours. When you submit the report for review, either in person, by mail, fax or email, we will immediately contact you to ask you what your intentions for the property is. Whether you are trying to sell the property, buy the property, develop or lease the property. Once we know your intentions we can tailor our recommendations accordingly. So call us now for a free report review. Cell: 312.296.5953 Jason Weedon

If you have a phase I report that is older than 2006 a new ASTM standard has come out that banks require in order to fully assess the environmental concerns at any given subject property.

Pricing for Reports in the Environmental Industry in Chicago

Phase I Environmental Site Assessments range from $1,500-$3,000 depending on the location, size and nature of the subject property. Site assessments normally take a day or so to complete in the field and then 2 to 3 weeks to write up. Some phase I's are carried out much faster if a commercial lender is in the need of the information more quickly for a closing or environmental contingency.

Phase II Subsurface Soil Investigations typically range at the low end for a very simple and small site at around $3,000-$4,500. Phase II subsurface soil investigations can however, cost alot more up to $40,000 for a large site such as a 12-24 acre steel foundry, with many environmental concerns that need to be investigated. The good news is that the data from a phase II can be used in later remediation projects with the IEPA, such as obtaining a No Further Remediation letter from the Leaking Underground Storage Tank Program (LUST) or the Voluntary Site Remediation Program (SRP).

There are more complex reporting and site investigations that take place, as mentioned in previous posts. Remediation of a site can cost anywhere from $25,000- $200,000 to obtain a no further remediation letter from the IEPA SRP or LUST program. However if active remediation is needed to be done costs can go much higher than that. Active remediation would be injecting bacteria into the soil to digest leaking oil or other organic chemicals, or chemicals can be injected into the ground to stabilize lead to stop it leaching into the subsurface groundwater aquifers that people drink from.

Costs to cleanup sites that require active remediation can take anywhere from 3-months to 3 years and can cost anywhere from $150,000 to $3,000,000 and up depending on the nature of contamination, soil type and size of contaminated area.

Call Jason for a free report review. 312.296.5953

3 comments:

hl67 said...

When I needed tank removal, I discovered what a careful and complex project it is.

Unknown said...

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Anonymous said...

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