Michigan Underground Storage Tank Fund – Update
Prospective owners and operators of properties with underground storage tank systems (USTs) should be aware of the financial implications and…
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The Pitfalls of Not Completing Comprehensive Environmental
It is good common practice to complete a Phase I Environmental Site Assessment (ESA) when purchasing or refinancing any commercial…
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BLDI Opens Office in Greater Detroit Area
We are excited to announce the official opening of our Greater Detroit Area office to better serve our clients in…
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Revised Phase I ESA Standard Released - ASTM E1527-21
The new Phase I ESA ASTM E1527-21 standard is here! ASTM published the latest version of the Phase I ESA…
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Price Adjustment with Revised Phase I ESA ASTM E1527-21 Standard
As you are likely aware, the current Phase I Environmental Site Assessment (ESA) ASTM E1527-21 standard is anticipated to be…
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Spill Bucket and Sump Testing Requirement Enforcement
The lowdown: Recent reports (September 2021) from underground storage tank (UST) owners indicates that failure to have documentation of spill…
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EGLE Releases Addendum on Acute Vapor Hazards
On April 13, 2021 the Department of Environment, Great Lakes, and Energy signed an Addendum to the May 2013 Remediation…
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Executing proper and complete EDD during the foreclosure process goes a long way toward minimizing a bank’s risk.
BLDI provides environmental risk identification, assessment, quantification, and mitigation services to lenders, private equity firms, purchasers, and sellers of businesses…
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Phase I ESA Limitations & Considerations: Foreclosures
Background: During the foreclosure process, numerous factors are involved and the standard, linear Environmental Due Diligence (EDD) process may be…