AAI Environmental Corporation Now Specializes in Reports Complying with the New EPA Law That Has Significant Impact on Phase 1 Environmental Site Assessment Industry
The United States Environmental Protection Agency codified into the federal regulations the new All Appropriate Inquiries Rule in November of last year. The new law is already impacting the environmental assessment industry. The new AAI Rule requires that Phase One Environmental Site Assessment reports be performed by "Environmental Professionals." It also requires a more in depth review for potential environmental issues at properties and neighboring properties.
Nashville, TN, April 04, 2007 --(PR.com)-- AAI Environmental Corporation has announced that it now specializes in producing reports that comply with the new EPA law that has had a significant impact on the phase 1 environmental site assessment industry.
The United States Environmental Protection Agency codified into federal regulations the All Appropriate Inquiries Rule for Phase 1 Environmental Site Assessments. The new law went into affect as of November 1, 2006 and is having widespread impact on the environmental consulting industry. The new law requires that more in-depth research and investigation be conducted during the Phase One process.
Phase I Environmental Site Assessments are typically conducting on industrial, commercial and new residential development properties during a real estate transaction. Banks and lenders require these reports as part of the due-diligence process, in order to protect themselves from underwriting real estate loans on contaminated properties.
EPA Law creates new standard for Phase 1 Environmental Site Assessment reports, or All Appropriate Inquiries Rule.
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The United States Environmental Protection Agency codified into federal regulations the All Appropriate Inquiries Rule for Phase 1 Environmental Site Assessments. The new law went into affect as of November 1, 2006 and is having widespread impact on the environmental consulting industry. The new law requires that more in-depth research and investigation be conducted during the Phase One process.
Phase I Environmental Site Assessments are typically conducting on industrial, commercial and new residential development properties during a real estate transaction. Banks and lenders require these reports as part of the due-diligence process, in order to protect themselves from underwriting real estate loans on contaminated properties.
EPA Law creates new standard for Phase 1 Environmental Site Assessment reports, or All Appropriate Inquiries Rule.
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Contact
AAI Environmental Corporation
Ann Garrison
866-566-1252
www.aaienvcorp.com
Ann Garrison
866-566-1252
www.aaienvcorp.com
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