Consultant says you have do Phase II for Off-site Concerns

Consultant says you have do Phase II for Off-site Concerns - This is one that can be tricky it needs to be vetted out before a call is made. I would say that generally speaking off-site issues are often times not really concern but it does happen. I review a ton of reports and here are some of the reasons you will need to sample - the site is impacted by know groundwater plume from off-site property... the site is adjacent to a contaminated dry cleaner or industrial property where chlorinated solvents are know to be in groundwater. Most times adjacent gas stations are not a concern unless there is free product present as petroleum chemicals are not as risky as chlorinated solvents PCE (dry cleaning chemical) and TCE (industrial solvent and breakdown product of PCE) specifically. When we talk about off-site concerns the risk to the project site is usually from vapor (unless site usually on-site well for water or irrigation) so you need a groundwater plume to be present as vapor off gases from groundwater. In Phoenix AZ the groundwater is over 200 feet so the risk from vapor from off-site property typically not a concern because of the depth however in Orange County CA the groundwater is shallow so the risk is greater and in CA the allowable levels are so low there is more a concern same thing can be said for NJ. In Florida there are no vapor standards but doesn't mean you dont have to evaluate the risk for the lender from human health standpoint. Let me know if you have any questions on this topic I will try to answer.

 

Aut sit dolor amet ut. Magni porro sed suscipit officiis. Eveniet quibusdam et veritatis id nemo cum.

Maxime ipsa eveniet iusto omnis eius est odio minus. Possimus ea consequatur quisquam corrupti provident esse.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”