What Every Environmental Risk Manager Needs to Know About U.S. EPA VI Guidance

Presented by

David Gillay, Barnes & Thornburg LLP's Brownfields Practice Group, Francis Ramacciotti, ENVIRON & Robert Uppencamp, ARCADIS

About this talk

Vapor intrusion, the migration of volatile chemicals from the subsurface into overlying buildings, presents potential health risks and environmental liability at properties with current or past contamination. The U.S. EPA is preparing its final Vapor Intrusion Guidance for evaluating and assessing risk from VI. The release of EPA’s guidance is scheduled for release a few months before ASTM is expected to publish a revised Phase I environmental site assessment protocol (ASTM E 1527). Among the changes to ASTM E 1527-05 is the addition of new language throughout the standard to include the assessment of vapor migration risk. EDR is extremely fortunate to offer you a webinar with three speakers who have been performing successful VI investigations for many years, and have been working with ASTM and the U.S. EPA to provide comments on draft documents. With the scheduled release of EPA’s final VI guidance—followed by a revised ASTM E 1527 standard to include vapor intrusion—now is the time to prepare and ensure that due diligence policies include VI and that appropriate science is used to minimize the impact of VI on property deals, including brownfield redevelopment. It is critical that risk managers understand what these two documents mean in terms of the standard of care and how it might affect their own liability—or that of their borrowers. Benefits to Lenders: •Recent regulatory history surrounding vapor intrusion •Myths about vapor intrusion and mitigation alternatives •Available data that can be used to evaluate VI risk •Implications of the new federal guidance document •What the vapor-related revisions to ASTM E 1527 mean in terms of lenders’ environmental due diligence policies Benefits to EPs: •A better understanding of why vapor migration presents a risk to your clients •A way to begin thinking about how the new guidance and revised ASTM E 1527 standard may necessitate changes to your Phase I ESA process

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