Finance category
Mortgage, loan, investing, tax, and money calculators.
Phase II Environmental Cost Calculator
Phase II ESAs sample and test. This calculator sizes the cost.
Total Phase II cost
$26,000
Fieldwork cost
$18,000
Lab + report
$8,000
How the math works
Fieldwork = borings × rate + wells × rate. Total = fieldwork + lab + report.
Phase II findings drive entire deal outcome. If contamination is confirmed, negotiate indemnity from seller (caps exposure), escrow holdback (funds remediation), or price adjustment (reflects remediation cost). Walking away is also reasonable when remediation cost approaches equity check.
How to Use
- Enter number of borings.
- Enter boring cost.
- Enter number of monitoring wells.
- Enter well cost.
- Enter lab analysis cost.
- Read Phase II total cost.
Frequently Asked Questions
When Phase II triggered?
Phase I identifies REC (Recognized Environmental Condition): historical industrial use, underground storage tank, contaminated neighboring site, visible staining. Phase II required to confirm presence or absence of contamination.
Typical cost?
Simple Phase II (3-6 borings, soil only): $8,000-15,000. Moderate (6-12 borings + groundwater): $15,000-40,000. Complex (extensive sampling, monitoring wells): $40,000-150,000+. Highly site-specific.
Outcomes?
Clean (no contamination): closing proceeds. Low-level contamination: deal with indemnity, escrow holdback, or disclosure. Significant contamination: Phase III (remediation planning), $100k-$millions. Walk away is common option.
Related Calculators
More Finance Calculators
Browse all finance →AI Cost Calculator
Compare token costs across OpenAI, Anthropic, and Google AI models. Calculate monthly API spending for GPT-4o, Claude, Gemini, and more.
Tip Calculator
Calculate the perfect tip and split the bill between friends. Choose preset percentages or enter a custom tip amount.
Bill Splitter Calculator
Split an uneven restaurant bill by item, divide tax and tip proportionally, and see exactly who owes whom.
Discount Calculator
Calculate sale price, discount amount, stacked discounts, sales tax, and total savings for any markdown.
Gas Mileage Calculator
Calculate MPG or km/L, estimate trip fuel cost, and compare annual fuel expenses between two vehicles.
Sales Tax Calculator
Add sales tax to a price, reverse-calculate the pre-tax amount from a total, and estimate tax for multiple items on one receipt.
Keep exploring