| Catalyst offers
four main types of services.
In
addition, Catalyst...
- Provides
third-party documentation of UST removals
and remedial work
- Will
assist in preparing permit applications
- Can
assist in the procurement of financing
Site
Assessment Services
Phase
I - Catalyst produces high-quality, accurate
Environmental Site Assessments (ESA). Our Phase I
ESA's are performed to the ASTM 1527-05
specifications with additional items added on a
state-specific basis (e.g.,
"Establishment" status of Connecticut
properties). The report format can be customized
to meet a given client's needs and/or
specifications.
Phase
II and III - Our subsurface ESA's are
conducted using current industry standard
techniques. Catalyst uses only licensed and
insured vendors for all subsurface drilling,
boring, excavating, and monitoring well
installation procedures. We require that all
subcontractor employees be OSHA 40-hour certified
and have proper personal protective equipment.
Analytical work is performed by licensed and
insured laboratories. Field blanks are issued on
a regular basis, to ensure the most accurate
results possible. In addition, laboratory QA/QC
documentation is regularly examined in-house by
Catalyst personnel.
Site
Screening - Catalyst performs the ASTM
1528-06 Transaction Site Screening. This
screening may be appropriate when a lesser degree
of investigation is required. In the event that a
full Phase I is required, Catalyst will credit
the full cost of the ASTM screening toward a
Phase I ESA, provided that the Phase I is
ordered within 90 days of the completion of the
screening.
Lead
Paint and Asbestos Surveys - Catalyst uses
only licensed and insured vendors for lead paint
and asbestos surveys. Several levels of service,
from lead paint screenings and suspect
asbestos-containing materials inventories, to
full abatement and management plans are available
depending upon the needs of the client.
Residential
ESA - We also perform an ESA with a Scope of
Work appropriate for the transfer of a
residential property. Options available with a
residential ESA include: asbestos, lead paint,
radon, drinking water potability, volatile
organics, metals and other compounds in drinking
water, and urea formaldehyde foam insulation.
Other
Site Assessment Services - In certain cases,
additional services may need to be added to an
ESA so that an informed business decision can be
made. Some of these services that Catalyst
provides are: geophysical testing such as Ground
Penetrating Radar (GPR) and Magnetometer Surveys,
soil gas surveys, and Underground Storage Tank
(UST) testing. Again, these services are
performed by licensed (if applicable) and insured
subcontractors.
When
outside vendors are used, a representative from
Catalyst is present to observe. Subcontractors
are never allowed to work unsupervised.
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Property
Transfer Consulting
Federal
and State environmental legislation has
introduced additional complexity to the buying
and selling of real estate. In the last decade,
federal acts such as CERCLA (Superfund), RCRA,
TSCA, and others have placed enormous potential
liabilities on the purchaser of an
environmentally impacted property. In addition,
state laws such as the Connecticut Transfer Act
and the Massachusetts Contingency Plan add
additional regulation to many property
transactions.
Furthermore,
recent interest in building toxins such as
asbestos, lead paint, radon, and UFFI has added
more complexity and risks to the sale or purchase
of a given piece of real estate. While the intent
of these regulations may be noble, their impact
on the real estate business has been substantial
and generally negative.
One of
the major effects of the development of these
environmental regulations is the reluctance of
banks and other lenders to become involved with
any potentially contaminated properties. All
banks require an environmental site assessment
prior to financing or accepting commercial or
industrial properties as collateral. If a
property is determined to have been impacted by
contamination, the sale and financing of the site
becomes rather difficult. When the uncertainty of
the State regulatory outcome is added, steps must
be taken so that the property can become
marketable.
Catalyst
offers real estate oriented environmental
consulting services. These services range from
site assessments and screenings to assisting in
the structuring of the transaction to minimize
risks to the buyer, seller, or lender. We have
worked closely with many of the leading
environmental attorneys in the area, and are able
to coordinate the legal, technical, and business
aspects of a transaction.
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Regulatory
Assistance
Catalyst has
a proven track record of success in the
regulatory arena. We have successfully negotiated
consent orders, resolved compliance issues, and
obtained formal closure for a variety of
environmental issues. One of our strong points is
our ability to design cost effective remedial
solutions for a given property. We have a good
working relationship with a variety of regulatory
agencies and the necessary understanding to reach
reasonable solutions to many issues.
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Remedial
Services
Catalyst
acts as a contract administrator for small to
medium-sized remedial projects. Rather than
acting as a sole vendor or general contractor,
Catalyst coordinates the project by handling the
subcontractors for its client. The client
contracts directly with the subcontractors for
their specific services, and Catalyst supervises
all phases of the project from initial bidding to
final closure. The benefit for the client is a
reduction in the costs of a given project, while
obtaining quality control and documentation from
Catalyst. These projects are typically related to
the sale of a property, for example, when the
removal of a UST and associated soil is a
condition of sale, purchase, and/or financing.
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