Astm E1527 1997 Edition Of The Standard

 

Scope1.1 This guide covers a framework for employing good commercial and customary practices in conducting a Phase II environmental site assessment (ESA) of a parcel of commercial property with respect to the potential presence of a range of contaminants which are within the scope of CERCLA as well as petroleum products.2. Subscription InformationMADCAD.com ASTM Standards subscriptions are annual and access is unlimited concurrency based (number of people that can access the subscription at any given time) from single office location. For pricing on multiple office location ASTM Standards Subscriptions, please contact us at or +1 800.798.9296.Some features of MADCAD.com ASTM Standards Subscriptions are:- Online access: With MADCAD.com’ s web based subscription service no downloads or installations are required. Access ASTM Standards from any browser on your computer, tablet or smart phone.- Immediate Access: As soon as the transaction is completed, your ASTM Standards Subscription will be ready for access.For any further information on MADCAD.com ASTM Standards Subscriptions, please contact us at or +1 800.798.9296. About ASTMASTM International, formerly known as the American Society for Testing and Materials (ASTM), is a globally recognized leader in the development and delivery of international voluntary consensus standards. Today, some 12,000 ASTM standards are used around the world to improve product quality, enhance safety, facilitate market access and trade, and build consumer confidence. ASTM’s leadership in international standards development is driven by the contributions of its members: more than 30,000 of the world’s top technical experts and business professionals representing 150 countries.

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Astm E1527 1997 Edition Of The Standard

The purpose of the ASTM E1527 standard is to define good commercial and customary practice for conducting a Phase I Environmental Site Assessment, with the goal of identifying RECs at the subject property.2 A REC is defined in E1527-13 as “the presence or likely presence of any hazardous substances or petroleum products in, on or at a property (1) due to release to the environment; (2) under conditions indicative of a release to the environment; or (3) under conditions that pose a material.

Astm E1527 13 User Questionnaire

Environmental Due DiligencePhase I Environmental Site Assessments (Phase I ESA) are the central product in Partner's Environmental Due Diligence practice. Phase I ESAs are our core environmental expertise. Partner fully understands how the Phase I Environmental Site Assessment Report is used in the commercial and multi-family real estate industry.

Partner provides Phase I ESA reports throughout the United States, Canada, Mexico and Europe for U.S. Based commercial real estate lenders and those based outside of the U.S. Phase I Environmental Site AssessmentA Phase I Environmental Site Assessment is the gold standard for evaluating the environmental liability associated with a real estate asset of any type. Whether the property is industrial, commercial, mixed-use, multifamily, Partner is able to fully assess the historical and current uses of the property. Partner is truly an expert at the implementation of the ASTM E1527-13 Standard. Our Phase I Environmental Site Assessments are done by who meet the requirements of the EPA's AAI Standard.Our experience in Phase I Environmental Site Assessments dates back to before the creation of the ASTM Standards. Having performed Phase I ESAs on hundreds of thousands of properties, we offer our clients an expert perspective on every property type.

All Appropriate Inquiries RuleThe EPA's governing the scope of Phase I Environmental Site Assessments went into effect on November 1, 2006 and provided specific scope requirements for a Phase I ESA to meet the requirements of innocent land owner defense.In Partner's environmental risk practice, we help buyers meet the legal requirements for the CERCLA innocent landowner defense and we provide practical business advice on environmental liability to our clients. ASTM E1527-13 Standard UpdateOn November 6th, 2013, ASTM published the long anticipated new standard for conducting Phase I Environmental Site Assessments,. ASTM E1527-13 will take effect immediately and will replace the E1527-05 standard as the industry best practice for Phase I ESAs.Partner is an active member of the ASTM committee tasked with updating the E1527 standard. We have been involved throughout the committee’s revision process and are fully prepared to implement the new standard.The changes from the 2005 to 2013 ASTM standards do not significantly alter the Phase I Environmental Site Assessment report or process, but there are a few key changes you should be aware of.The most significant changes include:File Reviews - The E1527-13 standard imposes a stronger imperative for conducting regulatory file reviews. The environmental professional reserves the right to forego such a review, but must explicitly explain in the report why a review is not warranted.Vapor Migration - E1527-13 places greater emphasis on assessing impacts to the subject property from vapor migration.