Due Diligence

Standard Practice for Limited Environmental Due Diligence:
Transaction Screen Process and Site Assessment


Table I - Elements of the Transactional Audit and Site Assessment


Phase 

Objective 

Elements 

Phase I

Review past and current site activities to identify and evaluate potential liabilities to client.

  1. Tele-consultation
  2. Audit Plan
  3. Site Inspection
  4. Sampling Plan (1)
  5. Sampling / Analyses
  6. Records Review
  7. Regulatory Review
  8. Interviews
  9. Report & Recommendations
  10. Follow-up

Phase II

Determine presence of potential contamination and identify pathways of migration and receptors. & Determine extent of confirmed contamination to predict impact to receptors and / or estimate clean-up requirements and costs

  1. Site Inspection
  2. Sampling Plan (2)
  3. Sampling / Analyses
  4. Risk Assessment
  5. Feasibility Study
  6. Report & Recommendations

Phase III

Site remediation. Clean-up of site based on remedial alternative selected in the feasibility study. This usually involves source removal/containment and ground water extraction and treatment.

  1. Preparation of conceptual remedial action plan (RAP)
  2. Preparation of remedial design plans and specifications
  3. Selection of remedial subcontractor(s)
  4. Manage and provide construction oversight of remedial subcontractor's work efforts
  5. Verification Sampling
  6. Site Closure Report


Phase I, Phase II, and Phase III are done systematically

LTRC, Inc. of McKinney, Texas, has environmental professionals who are trained and accredited by U.S.EPA and the local health department to provide industrial, commercial and residential clients with explanation of health and safety issued related to asbestos, and Lead Base Paint presence. LTRC's professionals provide clients with inspection, hazardous material management, and abetment of the on-site asbestos and/or LBP. For further questions, please contact us.