All Phase I Environmental Site Assessments comply with current ASTM E1527-13 standards and All Appropriate Inquiry (AAI).
The ESA will include:
Recognized Environmental Conditions (RECs) are defined by ASTM E1527-13 as the presence or likely presence of any hazardous substance or petroleum products on a 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 into structures on the PROPERTY or into the ground, groundwater, or surface water of the PROPERTY.
The term includes hazardous substances or petroleum products even under conditions in compliance with laws. The term is not intended to include “de minimis” conditions that generally do not present a threat to human health or the environment and that generally would not be subject to enforcement action if brought to the attention of appropriate governmental agencies. Conditions determined to be “de minimis” are not “recognized environmental conditions.”