Due diligence covers many disciplines and is an investment, a good practice, and can be done in an efficient manner to satisfy legal requirements. For real estate, Phase I and II investigations provide liability protection under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA). For cultural resources, an assessment of potential effects on historic properties is required to comply with Section 106 of the National Historic Preservation Act (NHPA). In many other situations, due diligence is desired to make informed decisions. Evaluating and assuring the presence of adequate water supply, completing certain civil engineering tasks, or performing industrial hygiene evaluations are good examples.
At Broadbent, we help our clients collect and analyze the information necessary to make informed and sound decisions.