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ENVIRONMENTAL ASSESSMENT

On March 27, 2009, Partner Engineering and Science closed on an Asset Purchase Agreement with LandAmerica Assessment Corporation ("LAC") to purchase the assets of LAC.  Partner announced the acquisition in a press release issued on March 30. For new orders, on-going reports or completed reports call Partner at 800-419-4923.

In addition to digital assets, existing environmental reports and LAC's "best-in-industry" software systems, Partner purchased outstanding LAC accounts receivable.  Customers should direct payments to LandAmerica Assessment Corporation, c/o Partner Engineering and Science, 2101 Rosecrans Avenue, Suite 4270, El Segundo, California 90245, Phone: 800-419-4923.

Environmental assessments are necessary for many commercial transactions to determine the environmental liability risk of a given property. In many cases, LandAmerica Assessment Corporation (LAC) can employ an environmental assessment developed by a client or one that meets the requirements of a capital partner and the secondary market.

LAC is well-versed in a wide variety of scope variations and has experience with most major lending institutions and investment banking criteria including ASTM, Fannie Mae®, Freddie Mac®, and Standard & Poors®.

Because significant business and risk management decisions are based on environmental assessment data, we provide extreme care and diligence in the execution of services, as well as summary reports and professional opinions regarding the potential for problems.

Along with several levels of environmental assessments, LAC is also available to serve as a third-party peer reviewer for reports prepared by other consultants.  Our services include:

  • Phase I Environmental Assessment
  • Phase I Update
  • Transaction Screen Process (ASTM)
  • Phase II/Sampling Services and O&M Plans
  • Phase III Environmental Assessment
  • Third-Party Peer Review
  • Risk Management Outsourcing

 

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