Environmental Services

Whether evaluating a single asset or full portfolio, our experienced consulting and management professionals can quickly identify project areas with the greatest potential to make a significant financial impact. Clients also rely on us for qualified advice on managing liabilities and non-compliance challenges. Our goal is to reduce your environmental risk and enable you to meet the aggressive asset evaluation deadlines that are typical of many real estate transactions.

Phase I Environmental Site Assessments

VERTEX offers worldwide experience regarding ASTM and “in-country” environmental assessment. If you are considering one site or a portfolio of assets, VERTEX can manage the environmental due diligence.  Our experience comes from decades of work during global merger and acquisitions; foreclosures; and industrial, commercial, and residential portfolio transactions. Phase I Environmental Site Assessments can be customized to meet our clients’ needs or scope or can simply be completed in accordance with the ASTM standard.  VERTEX will always offer competitive fees and timely service.

Phase II Environmental Site Assessments

When additional due diligence is needed beyond the Phase I Environmental Site Assessment, VERTEX can provide a scope of work to further assess environmental concerns identified during the Phase I ESA process. Services offered vary from intrusive field sampling of soil, water, and building materials to monitoring well installation and well development. We provide soil vapor and indoor air quality assessments as well. Unlike our competition, we understand that this due diligence is not a science project. That is why we provide financial analysis of environmental risk and environmental prioritization.

Merger & Acquisition and Divestiture Services

VERTEX has managed thousands of property transaction projects and worked on numerous 
multi-million and billion dollar real estate portfolio deals as an assessor of environmental risk for major national and international financial institutions.
VERTEX provides responsive, efficient, quality consultations under strict, time-critical
 deadlines. Areas we evaluate include: analysis for potential on-site and off-site sources of soil and groundwater contamination, historic concerns, and regulatory issues (wastewater and air discharges, oil and hazardous material storage, and general health and safety). On large portfolios, VERTEX is accustomed to providing a comprehensive yet manageable report summary and/or database of findings that boil down the environmental risks, estimates to remedy, and risk prioritization so our clients can utilize our due diligence efficiently in negotiations.

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Key Personnel

Vice President, Due Diligence

Stephen McCarthy

Stephen McCarthy

Stephen McCarthy has over 25 years of experience in Environmental Consulting. He has routinely managed several hundred environmental assessment due diligence projects per year for financial, commercial and institutional clients. These projects included Phase I and Phase II Environmental Site Assessments, asbestos surveys and abatement, mold assessments, removal of underground storage tanks and site investigations.

News

VERTEX Offers Basic Consultant Methamphetamine-affected Property Refresher Training

April 4, 2018

VERTEX’s Thomas Koch, CIH, MEPM, Vice President of Industrial Hygiene/EHS Services will be leading a Basic Consultant Methamphetamine-affected Property Refresher Training on May 1st in our Denver office. This 8-hour training course will cover topics about meth-affected property as well as an overview of related statutes and regulations. We will also discuss assessments, sampling procedures, updated industrial…

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2018 State of the Construction Industry

March 30, 2018

William J. McConnell PE, JD, MSCE, CDT, Chief Executive Officer of VERTEX, Presents his Annual Assessment of the Construction Industry S P O I L E R  A L E R T The US economy has expanded, albeit slowly, for the past 8+ years. The construction industry, which over-corrected during the Great Recession, has rebounded…

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VERTEX's Brendan Phelan Presenting at BACE Claims Conference

March 28, 2018

VERTEX’s Brendan Phelan will be presenting at the BACE Claims Conference along with Linda Smith, Esq. of Morrison Mahoney. The topic of the presentation will be “The Complex Nature of Microbial Claims Management.” This section of the conference will provide continuing credits for adjusters in the following states: NH, FL, TX, OK & NC. When: Wednesday, March…

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VERTEX Exhibiting at The Florida Bar Construction Law Institute

March 8, 2018

VERTEX’s Kevin Maxwell and Dan Mondo will be attending and exhibiting at the 11th Annual Florida Bar Construction Law Institute in Orlando, Florida on March 9th and 10th. The purpose of the Institute is to gather leading, experienced and establish construction law practitioners, contractors and other industry professionals for a two-day seminar focused on in-depth, leading…

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VERTEX Sponsors 4th Annual Risk Control Event at Coors Field

March 7, 2018

VERTEX is proud to be the drink sponsor at the 4th Annual Risk Control for Architects, Engineers and Environmental Professionals event at Coors Field in Denver, Colorado on April 11th. This year’s topic will be Trends and Strategies for Improved Performance and Profitability. Presentations will be given by legal, insurance and risk control professionals in connection with…

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Blog

Pre-Acquisition Environmental Due Diligence in New Jersey

April 23, 2018

Many prospective purchasers of properties in New Jersey believe a Preliminary Assessment (PA) is only required if a triggering event occurs under the Industrial Site Recovery Act (ISRA). Triggering events include a stock transfer, cessation of operations, or property sale at an industrial establishment as defined by ISRA (N.J.S.A. 7:26B). This type of PA is…

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Ladder Safety Training Video

April 11, 2018

According to the National Institute for Occupational Safety and Health (NIOSH), over 500,000 people are treated each year for ladder related falls. Whether you use a ladder out in the field, in your workplace or at home, safety should always be your number one priority.  At VERTEX, safety is part of our culture. We recently hosted…

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Occupational Health & Safety Standards in Canada

March 27, 2018

In Canada, Occupational Health and Safety (OH&S) is covered by Acts (legislation) or statutes and other related regulations promulgated under federal, provincial, and/or territorial regulations. Regardless of jurisdiction, the key components of OH&S regulations in Canada are similar across the country. However, the details of the legislation, the mechanism of implementation, and enforcement may vary…

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Spill Prevention, Control, and Countermeasures (SPCC) Plans

March 7, 2018

Spill Prevention, Control, and Countermeasures (SPCC) Plans are required in all 50 states under §311 of the Clean Water Act (CWA). The SPCC Plan includes information about oil storage at a facility, including spill prevention practices, and provides guidelines for spill response and containment. Where are Spill Prevention, Control, and Countermeasures (SPCC) Plans required? SPCC…

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Ontario's 3Rs Waste Audits - Are You in Compliance?

February 20, 2018

  Ontario’s 3Rs Regulations (Ontario Regulation 102/94 [O.Reg. 102/94]) govern non-hazardous solid waste generated from, Industrial, Commercial and Institutional (IC&I) sources. 3Rs (Reduce, Reuse, Recycle) Waste Audits Since 1994, designated IC&I organizations in Ontario have been required to implement Waste Audits, Waste Reduction Work Plans and Source Separation Programs. Pursuant to O.Reg. 102/94, regulated organizations are…

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