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Phase I Environmental Site Assessment Practices For Commercial Real Estate: Phase I Site Assessment & Transaction Screen - Denver

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Price: $1299
No options of this product are available.
Early Bird Discount

ASTM automatically applies a discount of 10% when participants register 60 days prior to the start of the class.
*After the early bird period expires, registrations are subject to standard pricing.

Committee Week Classes
Two, one day classes will be held in conjunction with the San Diego and Washington, DC 2018 committee weeks. To find more information about these classes, please click the link below.
About the Course

This 2-day course covers the ASTM Environmental Site Assessment Standard Practices for the Phase I Site Assessment Process (E1527) and the Transaction Screen Process (E1528). You will gain an understanding of how to use the standards and how the standards affect the way you do business.

The instructor will also discuss the "Innocent Landowner Defense" under the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA), and why due diligence is necessary. Coverage includes discussion of the changes to the E1527 standard as well as the Small Business Liability Relief and Brownfields Revitalization Act.

Learning Outcomes

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 (E1527-13 and E1528-14) were developed
  • Describe how standards are used
  • Interpret how standards affect the way you do business
  • Discuss changes to E1527.

Who Should Attend

  • Environmental professionals
  • Appraisers
  • Property owners
  • Upper managers in financial organizations, insurance companies, and law firms
  • Attorneys and bankers
  • Anyone who completes the Transaction Screen process and fills out the form
  • Anyone responsible for reviewing Transaction Screens or Phase I Site Assessment reports

Course Description

Registration: 8 a.m. on 1st Day.
Class: 8:30 a.m.- 4:30 p.m. on both days.

Day 1

  • Introduction
  • Regulatory/Liability Overview
  • Why ASTM?
  • Q&A
  • Small Business Liability Relief & Brownfields Revitalization Act
  • EPA AAI and ASTM E1527-13
  • ASTM E1527-13 Phase I Environmental Site Assessment Process
    • Phase I Introduction
    • Records Research
    • Site Reconnaissance
    • Interviews
    • Site Visit Video/Discussion
    • Report Preparation
    • Introduction to Phase I Case Study

Day 2
  • Review of Day 1
  • Phase I Case Study
  • Phase I Summary
  • Attributes of Responsible Change
  • Changes to E1527 to Comply with AAI Rule
  • ASTM E1528-14 Practice for Transaction Screen Process
    • Overview of Transaction Screen - User/Preparer Responsibilities
    • Transaction Screen Questionnaire
    • Interviews
    • Prior Assessments
    • Records Research
    • Site Visit
    • Non-Scope Considerations
    • Limitations
    • Liability Issues
  • Other ASTM Activities
  • Question & Answer Session

Standards Referenced

  • E1527-13 Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process
  • E1528-14 Standard Practice for Environmental Site Assessments: Transaction Screen Process

Fee Includes

  • E1527-13 Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process
  • E1528-14 Standard Practice for Environmental Site Assessments: Transaction Screen Process
  • Case studies and course notes
  • Sample government records review reports
  • Sample Transaction Screen Questionnaire
  • Certificate of Completion and 1.4 Continuing Education Units (CEUs)
  • Refreshment breaks
About the Instructors

This course will be taught by an instructor who contributed to the development of E1527-13 and E1528-14, and is now involved in developing new ASTM environmental assessment standards.

About Sponsoring Committee

ASTM is one of the world's largest voluntary standards development organizations. Recognizing the need for authoritative site assessment standards, ASTM pulled together environmental professionals, real estate and insurance professionals, lawyers, and government representatives. These members of Committee E50 and its Subcommittee E50.02 on Commercial Real Estate Transactions developed the standards upon which this course is based. For more information on Committee E50 contact Kate McClung or go to our E50 technical committee page.

Free ASTM Membership

Attend this course and receive a FREE 1-year membership to ASTM International and Committee E50 on Environmental Assessment, Risk Management, and Corrective Action. (Applies to new members only and may not be used to renew existing memberships.)

Attention: Professional Engineers

If your state has a continuing education requirement for license renewal, ASTM training courses and ASTM membership can help you meet that requirement.

How Learning Will Be Assessed

Learning will be assessed through a series of question and answer sessions.

On-Site Training Available

ASTM can bring this course to your site! On-site training courses can also be tailored to meet your specific needs. For more information, please contact sales here or call 1-877-909-ASTM.

Attendee Praise

Praise from recent attendees of the course:

"Very good course. Instructor very knowledgeable."

"I thought this course was very informative for me. I will use a lot of what was taught."

"All of the topics were valuable."

"Really enjoyed the class."

"This is a very informative course that would be advantageous especially to Env. employees new to performing Phase I ESAs."

"I thought the portions of the course which discussed specific sections of the Phase I ESA standard were very informative."

"Overall, I really enjoyed this course and learned an invaluable amount. [The instructor] was engaging, interesting, informative, and wonderfully friendly and approachable."

"I enjoyed the case studies because of the content being applied."

"Loved cased studies and provided 'real world' examples. Helped drive concepts home and more understandable."

"This course filled in the 'data gaps' of my knowledge of Phase I's."