ASTM International has published an updated standard practice for Limited Environmental Due Diligence: Transaction Screen Process (E1528-22), which was developed as a way for current or prospective property owners to gather information about potential environmental risks associated with a property believed to present a low risk of potential environmental concerns.
According to Task Group co-chairs, Georgina Dannatt and William Weissman, part of the revision process included efforts to modernize the standard and make the transaction screen more broadly accessible.
- Completely rewritten questionnaire and guide section
- Revised appendix with new photographs to help preparers fill out the questionnaire
- Changes to wording to better highlight the fact it provides no Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) liability protection
- The standard reenforces its original design with language changes intended to make the standard easier for non-professionals to understand
LightBox EDR® data packages are designed to support varying levels of environmental due diligence. Learn more about the available packages to meet your needs, including ASTM Transaction Screens.