Posts tagged #Phase 1

EPA Updates Standards for All Appropriate Inquiries

On November 1, 2005, the U.S. Environmental Protection Agency (“EPA”) adopted standards and procedures for performing All Appropriate Inquiries (“AAIs”) under the Comprehensive Environmental Response, Compensation, and Liability Act (“CERCLA”). The standards adopted by EPA were developed by the American Society for Testing and Engineering (“ASTM”) and required parties purchasing a parcel of land to undertake a thorough investigation of the property’s history to identify potential sources of hazardous contamination.