This standard is issued under the fixed designation E; the 1 This practice is under the jurisdiction of ASTM Committee E50 on Environ-. On November 6th, , ASTM published the long anticipated new standard for conducting Phase I Environmental Site Assessments, ASTM E The ASTM E Standard is the industry standard used for Phase I Environmental Site Assessments. Fully named “ASTM E Standard Practice for.
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Phase I environmental site assessment
No implication is intended that a person must use this practice in order to be deemed to have conducted inquiry in a commercially prudent or reasonable manner in any particular transaction.
Due diligence requirements are determined according to the NAICS codes associated with the prior business use of the property. Therefore, this practice describes procedures to be followed to assist users in determining the appropriateness of using information in environmental site assessments performed more than one year prior to the date of acquisition of the property or for transactions not involving an acquisition the date of the intended transaction.
An Environmental Professional is someone with [ citation astn ]. Often a multi-disciplinary approach is taken in compiling all the components of a Phase I study, since skills in chemistryatmospheric physicsgeologymicrobiology and even botany are frequently required. This practice is intended primarily as an approach to conducting an inquiry designed to identify recognized environmental conditions in connection with a property.
Section 2 is Referenced Documents. Controlled substances are not included within the scope of this standard.
Inclusion of petroleum products within the scope of this practice is not based upon the applicability, if any, of CERCLA to petroleum products. It is the responsibility of the user of this standard to establish appropriate safety and health practices and determine the applicability of regulatory limitations prior to use. As such, this practice is intended to permit a user to satisfy one of the requirements to qualify for the innocent landowner defense to CERCLA liability: Section 1 is the Scope.
These include, but are not limited to: The word “Standard” in the title means only that the document has been approved through the ASTM consensus process. Section 12 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.
Work Item s – proposed revisions of this standard.
There is a point at which the cost of information obtained or the time required to gather it outweighs the usefulness of the information and, in fact, may be a material detriment to the orderly completion of transactions.
Nevertheless, this practice is intended to reflect a commercially prudent and reasonable inquiry.
Section 1 is the Scope. The additional cost to perform this assessment cannot be included in the amount requested in the loan and adds significant costs to the borrower.
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.
Work Item s – proposed revisions of this standard. Environmental site assessments must be evaluated based on the reasonableness of judgments made at the time and under the circumstances in which they were made. Historical Version s – view previous versions of standard. Pages with reference errors Pages with broken reference names All articles with unsourced statements Articles with unsourced statements from February This study normally involves assessment of alternative cleanup methods, costs and logistics.
This page was last edited on 27 R1527at Section 5 describes User’s Responsibilities. Environmental Protection Agency’s Asm program. Section provides discussion regarding activity and use limitations. Referenced Documents purchase separately The documents listed below are referenced within the subject standard but are not provided as part of the standard.
Phase I environmental site assessment – Wikipedia
The system of prior assessment usage is based on the following principles that should be adhered to in e1257 to the specific procedures set forth elsewhere in this practice:. Specifically, among the 74 revisions to the standards, major areas of change asfm For other uses, see Level 1 disambiguation and Phase 1 disambiguation.
Not all aspects of this practice may be applicable in all circumstances. Section is Significance and Use of this practice. A Phase 1 Desktop Study is often required in support of a planning application.
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