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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June 06, 2025
In March 2025, the Federal Housing Finance Agency (FHFA) rescinded its 2022 directive that had imposed standardized radon testing requirements on all multifamily properties financed through Fannie Mae and Freddie Mac. The new radon policy was effective immediately; however, the agency guidance documents would be updated at a later date.
June 02, 2025
Matthew Marcus, Managing Director at Partner Engineering and Science Inc., was recently featured as a guest speaker by The Ground Investigation Podcast. He shares his extensive experience in geotechnical engineering, seismic resilience, and project management.
May 30, 2025
In today’s economic landscape, commercial real estate owners must use every tool available to protect the value of their facilities. One such tool that is often overlooked or mismanaged during a real estate acquisition is the existing roof warranty. Transferring an existing warranty ensures that your roof remains covered under manufacturer protections, preventing the risk of unexpected repair costs.
