Chemmie Sokolic will be joining Paul Zovic to teach a 3-day ASTM Phase I and Phase II class at the ASTM International Philadelphia Headquarters on May 16-18, 2023.
This course covers the ASTM Environmental Site Assessment Standard Practices for the Phase I Environmental Site Assessment (E1527) and the Phase II Environmental Site Assessment (E1903). You will gain an understanding of what is required by the standards, how to use the standards, and how the standards affect the way you do business.
We will also discuss the "Landowner Liability Protections" under the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA), and why due diligence is necessary.
The last day of the course focuses on how to properly plan and perform Phase II investigations using ASTM E1903 Standard Guide for Phase II Environmental Site Assessments. The course shows how the Standard relies on the scientific method and the conceptual site model, and allows environmental assessors to generate reliable, defensible, reproducible information regarding the nature of potential contaminants associated with Recognized Environmental Conditions (RECs) identified during the Phase I Process and how this information can assist in making informed business decisions concerning commercial real estate transactions.
By the end of this course you will be able to:
Recall why the ASTM Environmental Site Assessment Standard Practices for the Phase I Site Assessment and the Transaction Screen Process (E1527 and E1528) were developed
Describe how standards are used
Interpret how standards affect the way you do business
Discuss the "Landowner Liability Protections" under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), and why due diligence is necessary
Discuss changes to E1527
Recall how to properly plan and perform Phase II investigations using ASTM E1903 Standard Guide for Phase II Environmental Site Assessments
Discuss various approaches used in the Phase II process to generate additional information regarding the identification and nature of potential contaminants associated with RECs identified during the Phase I Process to assist in making informed business decisions concerning commercial real estate transactions.
Who Should Attend
Commercial Real Estate Professionals
Commercial lenders and financial managers
Anyone responsible for reviewing Phase I and Phase II Site Assessment reports
ASTM E1527 Phase I Environmental Site Assessment Process
Phase I Principles
Site Assessment Limitations
Question & Answer Session
ASTM Standard Practice Phase II Environmental Site Assessment Introduction & Background
Uses of the Standard
Limitations of the Standard
Developing the Scope of Work
Evaluation and Interpretation of Data
Presentation of Findings and Conclusions
Question & Answer Session
E1527 Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process
E1903 Phase II Environmental Site Assessment Process
Certificate of Completion
2.1 Continuing Education Units (CEUs)
About the Instructors
This course is taught by experienced professionals who are members of ASTM Committee E50.02 on Environmental Assessments and are actively involved in developing and updating the ASTM environmental assessment standards.
About Sponsoring Committee
ASTM standards have grown to be among the world's most widely used and accepted documents. Recognizing the need for authoritative site assessment standards, ASTM gathered together environmental professionals, real estate and insurance professionals, lawyers, and government representatives. These members of ASTM Committee E50 and its Subcommittee E50.02 on Commercial Real Estate Transactions developed the standards upon which this course is based.
Location: ASTM Headquarters, 100 Barr Harbor Drive, West Conshohocken, PA 19428
Format: In-person classroom course
To register for the class, click here.
For more information about the course, or if you have any due diligence-related questions, please don’t hesitate to reach out to Chemmie Sokolic at csokolic@TheFalconREGroup.com or call (973) 363-9500.