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Giving Back
One of our traditions at PM Environmental is to give back to the communities in which we reside. In fact, it happens to be one of our core values. Dedication to our business community is a large part of who we are and we make a point of that by supporting charities throughout the year…
Looking Beneath the Surface: A Primer on Underground Storage Tank Trust Funds
Could a state-supported underground storage tank (UST) trust fund offer relief for cleanup costs on your property? We address some common questions about these varied and sometimes confusing environmental “insurance policies”. What are UST Trust Funds? Underground Storage Tank (UST) Trust Funds, also known as UST Financial Assurance Funds have been established in most states…
Beyond the Balance Sheet: Understanding Environmental Liabilities in Mergers & Acquisitions
Pursuing a merger or acquisition? Make sure your valuation process considers all of the costs – including the cost of environmental compliance, deferred maintenance and legacy environmental issues. A company’s balance sheet details its assets and its liabilities at a given point in time. An individual, business or group of investors looking to merge with…
What You Need To Know About PFAS {Infographic}
For decades, Perfluoroalkyl and polyfluoroalkyl substances (PFAS), comprised of more than 4,000 individual compounds, including two well known regulated compounds perfluorooctanesulfonate (PFOS) and perfluorooctanoic (PFOA), were used in a range of industrial and consumer applications and processes like plating, material coating, lubrication, vapor suppression, cookware, food storage, packaging products, carpet and upholstery, fire fighting products,…
A Serving of Environmental Alphabet Soup
The field of environmental compliance has its own language, and it is a virtual alphabet soup of acronyms. While we won’t try to include them all, we’ve stirred together some of the regulatory abbreviations commonly used in compliance plans developed for industrial properties, just to give you a taste. Spill Prevention, Control and Countermeasure (SPCC)…
Revised Requirements: Federal Underground Storage Tank Systems
The US Environmental Protection Agency (EPA) recently updated their 2015 federal Underground Storage Tank (UST) regulations. The new set of requirements, which went into effect on October 13, 2018, were enacted to ensure that USTs are constructed, maintained, and operated in such a manner that petroleum and other regulated substances are stored safely. According to the EPA, there…
Same Property, Different Conclusions: Why Environmental Site Assessments Vary From Report to Report
Some of the most common frustrations voiced by property purchasers and developers have to do with repetition and variation within the environmental due diligence process. Why is it necessary to conduct a Phase I Environmental Site Assessment (ESA) if one was completed by the previous owner? Why are there variations when comparing a current Phase…
Experts Corner: An Update on PFAS
Media coverage has generated significant awareness of and questions about the risks of perfluoroalkyl substances, chemicals also known as PFAS. Here, we provide answers to some of the questions surrounding PFAS, and summarize some common practices implemented to manage the risks associated with their legacy. What are PFAS and what do they do? PFAS— stands…
A Guide to Pilot Testing
With recent changes to vapor regulations around the country, concerns about vapor intrusion have never been greater. Vapor intrusion, which threatens the indoor air quality of a building, can be found by testing soil and groundwater. Once the contamination has been identified it will need mitigation. But which mitigation approach is the right fit? How much…
Untangling the Path to Due Diligence
When dealing with property acquisition, there is always some level of environmental risk. Whether you are a buyer, seller or lender, performing environmental due diligence is the best way to ensure that you don’t get stuck with someone else’s environmental liabilities. So what exactly is environmental due diligence? What role does it play in acquiring…