SAFEGUARDING YOUR ENVIRONMENT & WORKFORCE

TAILORED SOLUTIONS FROM IEA

The Institute for Environmental Assessment, Inc. (IEA) has extensive experience providing environmental due diligence services. Due diligence is known as “the care that a reasonable person exercises under the circumstances to avoid harm to other persons or their property.” In matters related to indoor air quality requirements, it can refer to the identification and resolution of mold and water challenges prior to conducting a property transfer.

Mold and water damage can lead to costly remediation and renovations for the buyer if discovered after the purchase. The extent of problems arising from mold and water intrusion that doesn’t meet indoor air quality requirements is not always obvious. It is therefore important to work with experienced environmental consultants to protect the value of the intended property acquisition – in short, exercising due diligence.

PROVIDING YOU WITH PEACE OF MIND AND CONFIDENCE IN YOUR PURCHASE

DUE DILIGENCE SERVICES

Navigating Environmental Risk with Confidence

In today’s dynamic business landscape, understanding and managing environmental risks are paramount to successful transactions and responsible development. IEA’s Due Diligence Services provide comprehensive, insightful assessments that empower our clients to make informed decisions, mitigate liabilities, and ensure regulatory compliance.

We offer a full spectrum of environmental due diligence solutions tailored to the unique needs of property transactions, mergers and acquisitions, financing, and divestitures. Our experienced team of environmental professionals delivers timely, accurate, and actionable information, helping you identify potential environmental concerns before they become costly problems.

INDOOR AIR QUALITY DUE DILIGENCE FOR NEW TENANTS OR BUYERS

OUR Property and Transactional Due Diligence Services

  • Pre-Demolition Surveys: Comprehensive surveys for hazardous materials (asbestos, lead-based paint, PCBs, mercury) prior to demolition activities.
    • Asbestos, Lead-Based Paint, and Mold Surveys: Identification and assessment of these hazardous building materials, crucial for renovation or demolition projects.
    • Radon Testing: Comprehensive testing for the presence of radon gas in indoor air, particularly for residential and multi-family properties, to assess potential health risks and determine the need for mitigation.
  • Environmental Compliance Audits: Beyond transactional due diligence, we assist clients in evaluating their ongoing environmental compliance. Our audits help identify regulatory gaps, assess operational risks, and develop strategies to ensure adherence to environmental laws and regulations (e.g., Clean Air Act, Clean Water Act, RCRA).

 

INDOOR AIR QUALITY DUE DILIGENCE FOR NEW TENANTS OR BUYERS

A due diligence walkthrough includes an on-site visit and facility inspection to document obvious indoor air quality concern issues such as water-impacted building materials and mold. It may also include interviews with individuals who may know about mold, mildew, and water damage events in the past. A written report outlining findings and recommendations is included.

For additional peace of mind, IEA offers several cost-effective sampling strategies that can be added to the basic due diligence walkthrough:

  • Sampling to determine the extent of fungal growth
  • Assessment of the HVAC system

Why undertake the due diligence process?

  • Determines if a mold or water problem exists prior to acquisition or purchase
  • Documents that indoor air quality concerns have been proactively addressed for new tenants or owners
  • Provides a cost-effective means to identify water intrusion and fungal growth in the building

Why Choose IEA for Your Property Transfer and Due Diligence Needs?

  • Experienced Professionals: Our team comprises highly qualified environmental scientists, geologists, and engineers with extensive experience in environmental due diligence across various industries.
  • Regulatory Expertise: We stay abreast of evolving environmental regulations at federal, state, and local levels, ensuring our assessments are always compliant and forward-looking. This includes adherence to the latest radon testing guidelines and best practices.
  • Timely and Responsive Service: We understand the critical nature of transaction deadlines and are committed to delivering high-quality reports within your timeframe.
  • Clear and Actionable Reports: Our reports are designed to be easily understood by both environmental professionals and non-technical stakeholders, providing clear conclusions and practical recommendations.
  • Risk Mitigation Focus: Our primary goal is to help you identify and quantify environmental risks, enabling you to negotiate effectively and minimize potential liabilities.
  • Client-Centric Approach: We work closely with our clients to understand their specific needs and tailor our services to provide the most relevant and valuable insights.

Protect your investment and confidently navigate environmental complexities with IEA’s Due Diligence Services. Contact us today to discuss your specific needs and receive a customized proposal.

Our Property Transfer and Due Diligence Clients

  • Commercial real estate managers and owners
  • Real estate agents
  • Banks and other lenders
  • Real estate investors
  • Institutions such as schools and hospitals