Today the EPA announced its approval of the proposed changes for ASTM E1527-13. With that, we're now only one step away from the implementation of the updated industry standard.
As we discussed in a recent blog, the American Society for Testing Materials (ASTM) has been in the process of updating the industry's Standard Practice for Phase I Environmental Site Assessments to reflect recent changes in the due diligence world.
Until today, the updated standard was awaiting review and approval by the US Environmental Protection Agency (EPA). The EPA has just announced that the 2013 version of ASTM E1527 is compliant with the All Appropriate Inquiries regulation. In other words, they have concluded that it meets all requirements and can be used as the industry's Standard Practice for environmental due diligence.
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