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Due Diligence

 

Alliance can provide phase I and II ESA’s in a timely cost effective manner. Below are a few
examples of our team in action:

Major Oil company 1:


In 2000 Alliance conducted Phase I Environmental Site Assessments and Phase II
Environmental Site Investigations for 27 sites in Virginia and West Virginia. The client was
in the process of purchasing another oil company’s assets in Virginia and West Virginia.
Settlement on the purchase was scheduled for December 31st, 2000. In November 2000,
Alliance mobilized three field crews and successfully gathered all appropriate information to
allow for the smooth transition of ownership at the settlement table.

Major Oil company 2 - Scope of work:

  • Develop work scope and budget to quantify the current environmental setting of gasoline stations before the property transfer of sites. The final work scope had to satisfy both the buyer and the seller in the $300,000,000+ real estate transfer deal.
     

  • Complete phase I and II environmental site investigations for 118 sites in Delaware, Maryland, Washington D.C., and Virginia.
     

  • Report above standard soil and/or groundwater sample data (case opener) to appropriate state agencies within their applicable timeframes as per the scope of work.
     

  • Complete fieldwork and report by April 2004. Began developing the work scope on January 30, 2004. Fieldwork began February 10, 2004 and was completed by March 25, 2004. Thirty-two workdays at an average of 4 sites per day completed.
     

  • Complete an estimate of the environmental liability for all 118 sites.

PA Non –Profit:

Provided site assessments, historical research and environmental sampling for multi-home redevelopment in an affordable housing project. This type of work is a precursor for non-profit agencies to fulfill their due diligence requirements in order to obtain local, state and federal funding. The work included inspections of the residences, review of city archives, asbestos sampling, radon testing, lead paint inspections, regulatory database review and property history summaries. The final work product is structured similarly to the American Society of Testing and Materials (ASTM) Standard Practice for Environmental Site Assessments.

 


     
       


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