Federated Environmental offers as a low cost option Environmental Database Reviews as a limited first step in your environmental due diligence process. Although Environmental Database Reviews may be completed on any property type, Environmental Database Reviews are typically used on perceived low environmental risk properties which do not currently use hazardous substances and are not believed to have used hazardous substances in the past.
Image use authorized by Banks Environmental Data, Inc. (Austin, TX).
The Environmental Database Review scope of work includes development and professional review of publicly available, regulatory agency information maintained by federal, state, and local government agencies. The data is typically developed and evaluated in the form of lists and include a wide variety of information including records of known or potentially contaminated and/or known contaminated sites, landfills, and other disposal sites, and underground storage tank records for both leaking and registered USTs.
Federated Environmental provides the environmental status of a subject property and supports your environmental due diligence process by evaluating the risks associated with acquiring or assuming a security interest in a property. Depending upon applicable federal and state regulations, the environmental cleanup costs could significantly impact the value of your security interest or the uses of the subject property.
As an approved environmental consultant with almost all of the major financial institutions as well as a U.S. Small Business Administration (SBA) preferred contractor, Federated Environmental implements various levels of environmental due diligence studies and environmental reviews for properties under consideration by public and private financial institutions for real estate transfer and financial transactions. Federated Environmental ably performs Environmental Database Review reports for real estate transactions nationally.
Environmental Database Lists Reviewed in Environmental Database Review (Partial)
Federal National Priorities List (NPL) Sites
Delisted Federal National Priorities List (NPL) Sites
Federal CERCLIS (Superfund Sites)
Federal CERCLIS NFRAP Sites (Closed Superfund Sites)
Federal RCRA CORRACTS Facilities List
Federal RCRA Non-CORRACTS TSD Facilities List (Transport. Storage, and Disposal Sites)
Federal RCRA Generators List
Federal Institutional Controls/Engineering Controls Registries
Federal ERNS List (Emergency Response Notification System)
State and Tribal-Equivalent CERCLIS List
State and Tribal Landfill and/or Solid Waste Disposal Site List
State and Tribal Registered Storage Tanks Lists
State and Tribal Leaking Storage Tank Lists
State and Tribal Institutional Control/Engineering Control Registries
State and Tribal Voluntary Cleanup Sites