Identify and manage environmental risks with confidence.
From uncovering hidden liabilities to ensuring smooth transactions, our tailored due diligence services provide the clarity and insight you need to succeed.
Clarity through environmental due diligence.
Environmental due diligence is crucial for protecting your business from unexpected liabilities. Whether you own, lease, or operate on a property, you could be held responsible for environmental issues that arise. At Hanis Consulting, we bring clarity to this complex process, helping you understand potential risks and liabilities before they impact your bottom line.
Liability protections are essential because they safeguard you from costly legal battles and cleanup efforts that could arise from environmental contamination. Our tailored approach ensures that you’re fully informed and prepared, giving you the confidence to make sound decisions that protect your investments and secure your future success.
Insightful strategies that save you time.
At Hanis Consulting, we understand that time and cost are critical to your business. Our Environmental Due Diligence approach delivers high-quality, insightful assessments that save you time and protect your investments. We provide concise, business-focused executive summaries, so you don’t have to sift through hundreds of pages to get the information you need.
Comprehensive Assessments
At Hanis Consulting, we understand that every property is unique. That’s why we conduct comprehensive assessments tailored to the specific characteristics and risks of each site. Our thorough approach ensures that all potential liabilities are identified, giving you the clarity needed to protect your investment.
Client-Centered Solutions
We prioritize your concerns by working closely with you throughout the due diligence process. By understanding your specific needs, we develop customized solutions that address potential environmental risks while aligning with your business goals.
Proactive Risk Management
Our approach goes beyond identifying existing issues; we proactively manage risks to prevent future liabilities. By implementing preventative strategies, we help safeguard your assets and ensure long-term compliance, minimizing unexpected challenges down the road.
Learn how our insightful strategies can save you time and protect your investments.
Why Hanis Consulting delivers superior environmental due diligence.
Choosing the right partner for Environmental Due Diligence can make all the difference in protecting your investments and keeping your projects on track. At Hanis Consulting, we go beyond the basics to offer comprehensive, business-focused services that align with your unique needs.
01
Comprehensive Risk Identification
We thoroughly assess every aspect of your property to uncover potential liabilities, ensuring no risk goes unnoticed.
02
Rapid Turnaround Times
We understand that time is money, which is why we deliver high-quality results on time, without compromising accuracy.
03
Clear, Actionable Reporting
Our reports are designed with you in mind—concise, easy-to-understand summaries that allow you to make informed decisions quickly.
04
Expertise in Complex Regulations
Navigating environmental regulations can be daunting. Our deep expertise ensures you remain compliant while avoiding costly delays.
05
Reducing Liabilities and Ensuring Compliance
We proactively manage risks to minimize future liabilities and ensure long-term compliance, giving you peace of mind.
Understanding ‘All Appropriate Inquiry’
‘All Appropriate Inquiry’ (AAI) is a critical component of Environmental Due Diligence. It involves a thorough evaluation of a property’s environmental conditions and potential contamination risks. Meeting the AAI standard, as required by the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), is essential for securing liability protections. Services like Phase I Environmental Site Assessments are designed to meet AAI requirements, ensuring you are fully protected from unexpected environmental liabilities during property transactions.
Comprehensive environmental due diligence services for every need.
At Hanis Consulting, we offer a full suite of environmental due diligence services designed to address every aspect of your property transaction or development project. Our expert team provides thorough assessments tailored to your specific needs, ensuring you have the clarity and confidence to make informed decisions.
This service involves a thorough investigation of the property’s history and current conditions to identify potential environmental risks. A Phase I ESA is essential for fulfilling AAI requirements under CERCLA, providing you with liability protection by thoroughly assessing the property’s environmental status before a transaction.
When a Phase I ESA identifies potential environmental concerns, a Phase II ESA involves sampling and testing to confirm and quantify those risks. While Phase II is not directly required for AAI, it builds on Phase I findings to ensure comprehensive risk management and informed decision-making.
Transaction Screen Assessment (TSA)
A more streamlined and cost-effective alternative to Phase I ESA for low-risk properties, the TSA provides a preliminary evaluation of potential environmental risks. While it offers valuable insights, it does not meet AAI standards and is typically used when the risk of liability is low.
Records Search with Risk Assessment (RSRA)
The RSRA involves a thorough search of historical records combined with a risk assessment to quickly identify potential environmental concerns. It is a limited-scope assessment and does not fulfill AAI requirements but is useful for certain types of transactions where quick decision-making is needed.
Baseline Environmental Assessment (BEA)
The BEA is conducted to document the environmental conditions of a property at the time of purchase or lease, offering liability protection under certain state laws. It’s particularly valuable in states where environmental conditions can lead to future liability, but it does not fulfill AAI standards on its own.
Pre-Listing Audit
This audit is performed before a property is listed for sale, identifying and addressing potential environmental issues to enhance marketability and avoid surprises during the transaction process. While it provides essential insights, it does not fulfill AAI requirements.
Curious? Your environmental due diligence FAQs answered.
Get quick answers to the most common questions about Environmental Due Diligence and how it protects your investments.
What is Environmental Due Diligence?
Environmental Due Diligence is the process of assessing a property for potential environmental liabilities before a transaction. It involves investigating the history and current conditions of a site to identify risks that could lead to legal or financial consequences.
What is All Appropriate Inquiry (AAI)?
All Appropriate Inquiry (AAI) is a legal standard set by CERCLA that must be met to qualify for liability protections in property transactions. A Phase I Environmental Site Assessment typically fulfills AAI requirements.
When is a Phase I ESA required?
A Phase I ESA is required whenever you are buying, selling, or refinancing a property to identify potential environmental risks and fulfill AAI requirements, protecting you from future liabilities.
How does a Phase II ESA differ from a Phase I ESA?
While a Phase I ESA involves a review of historical and current site conditions, a Phase II ESA involves actual sampling and testing of soil, groundwater, or air to confirm the presence of environmental contamination.
What if potential risks are found during the assessment?
If potential environmental risks are identified during the assessment, further investigation (such as a Phase II ESA) or remediation may be recommended to address and mitigate those risks.
How long does Environmental Due Diligence take?
The timeline for Environmental Due Diligence varies based on the complexity of the property and the specific assessments required. A Phase I ESA typically takes a few weeks, while a Phase II ESA may take longer depending on the scope of the sampling and analysis.
Does every property need a full Environmental Site Assessment?
Not every property requires a full assessment. Depending on the risk profile and transaction type, alternatives like a Transaction Screen Assessment (TSA) or Records Search with Risk Assessment (RSRA) may be sufficient, though they do not fulfill AAI requirements.
What is the cost of Environmental Due Diligence?
The cost varies depending on the scope of the assessment and the property’s specific needs. While Environmental Due Diligence may require an investment, it protects you from far greater costs associated with undiscovered environmental liabilities.
How do I know which assessment is right for my property?
Our team at Hanis Consulting will work with you to understand your specific needs and recommend the appropriate assessment to ensure that you are fully protected and compliant.
Can Environmental Due Diligence help in legal situations?
Yes, thorough Environmental Due Diligence can provide critical documentation and insights that protect you in legal disputes or regulatory challenges, demonstrating that you took all necessary steps to assess and manage environmental risks.
Still have questions? Chat with us now for personalized assistance.
