Placing abandoned properties back into productive use can often be complicated by the presence or potential presence of hazardous substances or contaminants.
The Federal Brownfields law called the “Small Business Liability Relief and Brownfields Revitalization Act” was signed in 2002 by President Bush. Individual states have Brownfields programs in place to administer this law. These State-administered programs allow a non-responsible party to acquire a contaminated property with State Superfund liability protection so that the buyer is not held responsible for existing contamination.
EnviroSouth has assisted numerous buyers of Brownfield properties by navigating them through the process of applying for and carrying out the terms of assessment and/or remediation services required by the State contracts. The assessment services often involve collecting and analyzing soil and groundwater samples, as well as indoor air samples in portions of on-site buildings that could be impacted by subsurface chemicals.
Even though the assessment process and related State oversight fees can be costly and time consuming, the discounted price of the property often justifies the costs associated with the State Brownfield contract.
EnviroSouth’s professionals are prepared to meet with prospective buyers of Brownfields properties to explain the process in greater detail and share examples of past projects.