A Phase I Environmental Site Assessment is only useful if it addresses all current and relevant issues impacting risk associated with real estate transactions. That’s why the American Society for Testing Materials (ASTM) is updating the industry’s Standard Practice for Phase I Environmental Site Assessments to reflect recent changes in the due diligence world. The 2013 version of the Phase I ESA standard, ASTM E1527-13, is undergoing some final tweaks and, pending approval by the US Environmental Protection Agency (EPA), is expected to be passed this summer.
While ASTM E1527-13 is predicted to differ only on a few key points from its 2005 predecessor (which at the time was revised mainly to meet the EPA’s new requirements for All Appropriate Inquiry (AAI) for environmental due diligence), these proposed changes could have an important impact on the way Phase I ESAs are conducted and written. There is some concern that, under certain circumstances, the proposed changes may increase costs for the user and add to report delivery times—a fear that’s not unsubstantiated.
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April 15, 2025
In this edition of Affordable Housing Updates, we tackle the funding issues that are arising due to changes in federal spending, how to optimize the green building process as the green certification world changes, and offer two project profiles that showcase how Partner may help you with your next project. Last but not least, learn about Partner's SiteLynx client portal, an intuitive platform for report ordering, delivery, and analysis.
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The WAIRE Program is one of many steps California is taking to address air quality and emissions within the commercial real estate sector. For warehouse operators, compliance with this program is essential, not just to avoid penalties but to align with broader trends in sustainability and regulatory compliance.
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Partner Engineering and Science, Inc. is pleased to announce the appointment of Alex Greear as Relationship Manager, bringing over five years of specialized due diligence expertise to expand our client service capabilities.
