Who Should Complete the Phase II Environmental Hazard Assessment

The specialized nature of the investigations conducted under a Phase II assessment requires the knowledge and experience of a qualified consultant.

Underwriter must use care in choosing firms to perform environmental hazard assessments. Underwriter should confirm that the consultant it plans to use is not affiliated with the buyer or seller of the property or a firm engaged in a business that might present a conflict of interest. Underwriters should also evaluate whether the consulting firm’s personnel have adequate and appropriate education and training to carry out the required duties.