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Changes On The Horizon For Environmental Due Diligence

The standard for the Phase 1 Environmental Site Assessment, ASTM E1527-05, is up for renewal.

The standard for the Phase 1 Environmental Site Assessment, ASTM E1527-05, is up for renewal. We’ve known that this was coming for quite some time, but now the decision time is upon us.

This week ASTM met met in Atlanta and the committee tasked with reviewing and updating the Phase I Environmental Site Assessment Standard discussed the potential changes on the table. After this week one or more rounds of voting will finalize the new standard. The deadline for finalizing the new standard, with or without any changes, is 2013, thus the new standard will be called ASTM E1527-13.

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