Path Forward is a leading provider of comprehensive Phase I Environmental Site Assessments in accordance with the ASTM E1527-21 Standard Practice. These assessments are designed for purchasers of property to meet one of the requirements necessary to qualify for “landowner liability protections” (LLPs) under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) (42 U.S.C. §9601).
ASTM E1527-21 Replaces ASTM E1527-13
It’s worth noting that the ASTM E1527-21 Standard Practice for Environmental Site Assessments is a relatively new standard that replaced the ASTM E1527-13 standard. The updated version of the standard (ASTM E1527-21) became effective on February 13, 2023, and is the current standard for Phase I Environmental Site Assessments. ASTM E1527-13 will remain active for one year before being withdrawn on February 13, 2024.
Path Forward stays up-to-date with industry changes and regulations and complies with the latest ASTM standards. With the updated ASTM E1527-21 standard, we provide our clients with high-quality, reliable Phase I Environmental Site Assessments that comply with the most current industry regulations. We are committed to delivering the best possible service to our clients, and that includes staying on top of the latest industry standards and best practices.
Phase I Environmental Site Assessment Process
The LLP requirement demands that “all appropriate inquiry” (AAI) be made into the previous ownership and uses of a property consistent with good commercial or customary practice. Path Forward conducts independent and professional assessments to provide an expert opinion on recognized environmental conditions (RECs) associated with the subject Site.
RECs are defined as the presence or likely presence of any hazardous substances or petroleum products on the subject property under conditions that indicate an existing release, a past release, or a material threat of a release of any hazardous substances or petroleum products to the environment.
Path Forward has extensive experience in conducting Phase I Environmental Site Assessments on a wide range of properties, including vacant lots, single-family homes, affordable and market-rate housing developments (both occupied and unoccupied), office buildings, research and development buildings, industrial manufacturing buildings, warehouses, military weapons manufacturing facilities, and retail facilities.
These due diligence assessments have proven invaluable in assisting with the acquisition of properties, environmental insurance underwriting, and financing activities. Moreover, conducting a Phase I Environmental Site Assessment is not only necessary for the sake of compliance but also serves to protect the purchaser of the property from potential environmental liabilities and unexpected cleanup costs.
By working with Path Forward, you can be assured that you are receiving expert Phase I Environmental Site Assessments and opinions on environmental conditions, enabling you to make informed decisions when it comes to purchasing or developing a property. With years of experience in conducting these assessments, Path Forward has the knowledge and expertise necessary to guide you through the complex process of environmental risk assessment.