The Environmental Risk

Lending institutions are cautious when dealing with the financing of enterprises or individuals who mortgage a property that could likely be contaminated. In the past, financial institutions became the owners of properties whose decontamination cost exceeded their value property. As a consequence, these institutions made environmental site assessments a requirement and a condition prior to any property financing or re-financing (continued).

The selection of a Consulting and Services firm

The Phase 1 environmental site assessments must be carried out according to the general principles outlined in the Canadian standard CSA Z768-01. To make sure the Environmental Site Assessment is in conformity with this standard and to ensure it is accepted by your lending institution, it is essential that you hire an independent and competent consulting and services firm whose team includes certified assessors approved by organisms such as the Association Québécoise de Vérification Environnmentale (AQVE) or the Association Canadienne de Vérification Environnementale (ACVE).

The Environmental Site Assessments realised by Spheratest Environnement are all verified and approved by an expert certified by the AQVE (Évaluateur Environnemental de Site Agréé - EESA) and the ACVE (Certified Environmental Assessor of Sites - CEAS).

Experience, integrity and reliability

Spheratest Environnement is a firm approved by most of the financial institutions and is made up of a multidisciplinary professional who have conducted more than a thousand environmental site assessments.

Our address

5000, rue Iberville
Bureau 315
Montréal (Québec)
H2H 2S6

info@spheratest.com
Tel: (514) 522-5005
Fax: (514) 522-1397