Pioneer provides environmental assessment services for both buyer and seller for the transfer of properties. The Standard Industrial Classification has been replaced by the new North American Industry Classification System (NAICS), but several data sets are still available with SIC-based data. Both SIC and NAICS classify establishments by their primary type of activity.
Some properties have a Standard Industrial Code (SIC) requiring the business to go through NJDEP’s ISRA program. Without the ISRA program, the responsibility becomes the Due Diligence process by the buyer. In this case, an assessment prior to the transaction can be negotiable and Pioneer can aid in that process.
The pre-purchase assessment can either be done per the American Society of Testing Materials (ASTM) procedures, negotiated, or designed specifically by a financial lending institution’s requirements. Pioneer’s services include USTs, soil and groundwater, lead paint and asbestos. Our reports provide an executive summary listing Areas of Concern or deficiencies, and recommendations.