Skip to main content

THE ROOTS

Phase II ESA

All Terms
ProfessionalEnvironmental & SafetyBuyingSellingInvesting

Definition

Phase II digs deeper—literally. It involves soil borings and testing to identify and measure contamination. Phase II confirms what Phase I suspected or rules out concerns. If Phase I raises questions, Phase II gives you definitive answers before you commit to buying.

Not sure where this fits?

Answer a few questions and we’ll open the path that fits, at the right step.

Find my path

About this term

Phase II ESA includes soil boring and sampling to test for contamination. Testing confirms or rules out contamination found in Phase I. Phase II costs $3,000-10,000. Phase II findings inform remediation needs and costs.

Pro Tip

If Phase I identifies potential contamination, don't skip Phase II. The testing cost ($3,000-10,000) is minimal compared to inheriting environmental remediation liability.

Example

Phase II ESA with soil samples confirming petroleum contamination requiring remediation.

Share this term

Help others learn what “Phase II ESA” means

Share