ASTM E—05 Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process on The new standard supersedes the standard, ASTM E , which had been deemed to satisfy the EPA’s “all appropriate inquiry” (AAI). The federal Comprehensive Environmental. Response Compensation and Liability Act. (“CERCLA”) holds current and former owners and operators of.
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Applicability of the Updated Phase I Standard ASTM E – HUD Exchange
Section 3 is Referenced Documents. The term recognized environmental conditions means the presence or likely presence of any hazardous substances or petroleum products on a property under conditions that indicate standarr existing release, a past release, or a material threat of a release of any hazardous substances or petroleum products into structures on the property or into the ground, ground water, or surface water of the property.
However, under E, environmental professionals will need to assess possible indoor air quality impacts from vapor intrusion pathways if there is surface soil or groundwater contamination at or near the subject property. Brandon McGrath Jeffrey A. Grills Andrew Gruber J. Section 1 is the Scope. A release that has been fully investigated and remediated, and may be subject to a no further action letter, or has been designated as a HREC under prior assessments, may need to be designated as stxndard current REC if more stringent regulatory criteria or thresholds are now in effect.
Users are cautioned that federal, state, and local laws may impose environmental assessment obligations that are beyond the scope of this practice. Section describes User’s Responsibilities. Furthermore, any federal tax advice herein including any attachment hereto may not be used asfm referred to in promoting, xtandard or recommending a transaction or arrangement to another party.
As such, this practice is intended to permit a user to satisfy one of the requirements to qualify for the innocent landowner, contiguous property owner, or bona fide prospective purchaser limitations on CERCLA liability hereinafter, the “landowner liability protections,” standsrd “LLPs”: Similarly, the definition of a historical recognized environmental condition HREC has been revised to limit applicability to situations where past contamination has been addressed to unrestricted residential standards.
Sections are the main body of the Phase I Environmental Site Assessment, including evaluation and report preparation.
As such, sufficient documentation of all sources, records, and resources utilized in conducting the inquiry required by this practice must be provided in the written report refer to 8.
Matthew Neff Gregory A. Keane Jan Keefer J. Clapacs Briana Clark Ross D. This standard is satm for use on a voluntary basis by parties who wish to assess the environmental condition of commercial real estate taking into account commonly known and reasonably available information.
The term standarv hazardous substances or petroleum products even under conditions in compliance with laws. This document cannot replace education or experience and should be used in conjunction with professional judgment.
Section provides additional information regarding non-scope considerations see. Controlled substances are not included within the scope of this standard. Conditions determined to be de minimis are not recognized environmental conditions.
Chesnut Margaret Christensen Grantland M. Larry Kane Margaret E. Section provides discussion regarding activity and use limitations.
Applicability of the Updated Phase I Standard ASTM E 1527-13
However, because adverse comments were submitted on the direct final rule, the EPA officially withdrew the rule on Oct. If this article, including any attachments, contains any federal tax advice, such advice is not intended or written by the practitioner to be used, and it may not be used by any taxpayer, for the purpose of avoiding penalties that may be imposed on the taxpayer.
This ASTM standard is not intended to represent or replace the standard of care by which the adequacy of a given professional service must be judged, nor should this document be applied without consideration of a project’s many unique aspects.
Lavelle Scott Leisz Benjamin J. Link to Active This link will always route to the current Active version of the standard. The appendixes are included for information and are not part of the procedures prescribed in this practice.
Referenced Documents purchase separately The documents listed below are referenced within the subject standard but are not provided as part of the standard.
Richard Kiefer June N. Rusty Denton Brenda K.
Section of this practice identifies, for informational purposes, certain environmental conditions not an all-inclusive list that may exist on a property that are beyond the scope of this practice but may warrant consideration by parties to a commercial real estate transaction. The need to include an investigation of any such conditions in the environmental professional’s scope of services should be evaluated based upon, among other factors, the nature of the property and the reasons for performing the assessment for example, a more comprehensive evaluation of business environmental risk and should be agreed upon between the user and environmental professional as additional services beyond the scope of this practice prior to initiation of the environmental site assessment process.
SectionTerminology, has definitions of terms not unique to this practice, descriptions of terms unique to this practice, and acronyms. Not all aspects of this practice may be applicable in all circumstances. Michael Gaerte Jeremy P.