Phase II Environmental Site Assessment
A Phase II Environmental Site Assessment involves intrusive investigation — soil sampling, groundwater sampling, tank testing — to confirm or quantify Recognized Environmental Conditions identified in a Phase I.
What it means
A Phase II follows when a Phase I identifies a REC or when specific concerns warrant sampling. Common triggers: historical fuel storage, former manufacturing, dry cleaner operations, or suspicious site conditions. The Phase II uses samples analyzed at certified labs to determine whether contamination is present and at what levels.
Phase II findings drive next steps: remediation (active cleanup), monitoring (ongoing testing), environmental insurance, or deal restructure. Costs vary widely ($10K–$100K+) depending on scope and site complexity.
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