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- 1-11 of 11
it would be great if you could post the sanborn so can all take a look at it? thanks.
and their spelling...."breath"...should be "breathe"
The article also states that 20% of all medical malpractice claims are caused by "handing off to other staff." I see this as a direct correlation to the Phase I business where often times the work is performed by subs or junior staff. Of course, many of these folks do awesome work, but the end result is that the client often has a perception that one person is doing the work, while in reality it is done by someone else.
I don't think it was intentional, but when you use the term "unsophisticated" and "providers want to keep the status quo", both have negative conotations. Choose your words wisely.
This site no longer represents a minority, it's a majority.
I have to take issue with most of this post.
I see the exact opposite in the industry. Most small lenders are becoming more sophisticated. They may use the term "environmental", but this is tied to the fact that they often order multiple products/services and thus generalize, rather than specify an exact service. They know the difference between a Phase I, a Transaction Screen, an RSRA and a database report.
I think every EP on this site is aware that providing Phase I's is a mature industry, it has been for years. However, EP's that are interested in performing Phase I are not content with the status quo as you state and have analyzed every piece of their process to reduce cost and provide a better product. Those that have not done this are likely in the category of providing Phase I's for existing clients and not actively marketing them. Interestingly, those providers often tell me that they get significantly higher prices for Phase I's because it is relationship driven.
Maybe you didn't mean it, but you seem to have bashed both EP's and lenders in this post.
Jon-
I saw that piece when it first came out over the winter or spring. Very insightful. I came away from it thinking that they wanted to be transparent in the general process to allevaite panic when it happens at your bank.
Good article in WSJ today about FDIC attempting to split up failed banks into "good and bad" pieces to lure more investors.
http://online.wsj.com/article/SB124891131732891921.html#mod=article-outset-box
- tell that to Christie Todd Whitman...
I like your suggestion that if we as an industry feel a national certification is necessary, than we should take it on-and i nominate you to take the lead. As i understand it, the EPA wanted nothing to do with this-i believe from a liability perspective.
This discussion prompted me to open the AAI rule and review the pre-amble which explains much of the "logic" of the reg/neg committee for coming up with the EP definition. See link below (page 11)
http://www.epa.gov/brownfields/aai/proposed_rule.pdf
regardless of who they included or excluded from the rule;
The proposed definition first and foremost requires that to qualify as an environmental professional a person must ‘‘possess sufficient specific education, training,and experience necessary to exercise professional judgment to develop opinions and conclusions regarding the presence of releases or threatened releases to the surface or subsurface of a property, sufficient to meet the objectives and performance factors’’ that are provided in the proposed regulation.- I have been to Salumi..it's Mario Batali's father's place. I bet it beat the box lunch that we provided! i haven't had the meatball sanwich, but i have had their Porchetta sandwich. iI was awesome. Now i have another reason to go back.
Jon-
I too like to find good sandwiches. a while back i found an article about "best sandwiches" in the US. I have been checking them off on a semi regular basis.
- Interestingly, I was playing golf at TPC Scottsdale with Rob Barber and Ben Strong from Vertex. We were in AZ for the GE Cap franchise meetings the next day. Needless to say, the next morning we were faced with a few upset Vista "loyalists." It was actually great timing that we could be at the meeting the next day.