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REAL ESTATE ENVIRONMENTAL ASSESSMENTS

PHASE I ENVIRONMENTAL ASSESSMENTS

RAMM integrates applied science and engineering with its complete knowledge of regulatory requirements to provide a pragmatic approach for its clients.  RAMM’s assessment process begins with the collection of all available data on the subject parcel.  Company environmental scientists visit the site, review aerial photographs, chains of titles, and conduct interviews with current property owners and adjacent property owners.  RAMM accesses comprehensive public and private databases to obtain environmental information on the owner and the site.

   

REMEDIAL INVESTIGATIONS/ FEASIBILITY STUDIES (RI/FS)

Lending institutions, insurance companies, real estate attorneys, developers and corporations involved with merger and acquisitions need to know what the costs will be for cleaning up or remediating a contaminated site.  RAMM’s RI/FS reports are often used in structuring the Environmental Matters Sections of Sale and Loan Agreements.  Our Final Report identifies the known and contingent liabilities at a site and quantifies the costs in terms of dollar amounts so they can be incorporated into the property transfer documents.

   

WETLAND DELINEATION

The location and aerial extent of jurisdictional wetlands can directly affect the cost of a proposed development.  RAMM’s scientists are trained in hydra soil and hydrophilic vegetation identifications.  Our wetland delineators are experts in characterizing, delineating and mapping non-tidal and tidal wetlands.  All Wetland delineation is performed in accordance with the Federal Manual for Identifying and Delineating Wetlands.  If required, RAMM can assist the client with filing the proper permit with regulatory authorities.

   

LEAKY UNDERGROUND STORAGE TANK (LUST) SITE INVESTIGATIONS

The remediation of a Leaky Underground Storage Tank site can cost hundreds of thousands of dollars if not handled correctly.  A quick and accurate assessment of site conditions at a LUST site can save the client both time and money.  Our environmental scientists work hand in hand with regulatory agencies and remedial contractors to ensure a smooth, cost effective clean-up Operation.

   

COSTS

Costs associated with a Phase I transaction screen average approximately $1,500.00.  Costs associated with a Phase I Environmental Assessment average approximately $2,500.00.  The average cost for conducting a Phase II Environmental Assessment or RI/FS is approximately $3,500.00.  We stand by our product.  RAMM has but one goal – to provide the ultimate in service to its clients.