On March 14, 2022, the United States Environmental Protection Agency (EPA) issued a direct final rule approving ASTM International (ASTM) Standard E1527-21 as an additional standard meeting the All Appropriate Inquiry (AAI) component for potential liability protections under the Comprehensive Environmental Response.
While the new ASTM E1527-21 standard was approved by the EPA in March, its adoption hinged on results of the public comment period that ended in mid-April. Having received adverse comments, the agency withdrew the direct final rule.
According to the Federal Registry, the EPA will now respond to the comments and issue a subsequent final action based on its March 14 proposed rule. It will not open a 2nd comment period.
To help you understand the new ASTM standard, we’ve developed a whitepaper:
“Understanding the New ASTM 1527 Standard” you can download here >
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CREtelligent opened its doors more than six years ago as eScreenLogic, a Commercial Real Estate (CRE) environmental due diligence firm focused on desktop RSRA, Phase I, and Phase II site assessments and reporting for commercial lenders, insurance companies, and brokers. The company has grown quickly and market demand for a “one-stop” CRE due diligence platform that offers more than environmental expertise for lenders and corporate entities has become clear. As a result, we’ve expanded to offer not only our full-service Environmental reporting but Valuation, Flood, Full Portfolio Asset Risk Monitoring and a number of other “Platform-as-a-Service” offerings too.
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