{"id":464,"date":"2011-06-06T13:32:50","date_gmt":"2011-06-06T17:32:50","guid":{"rendered":"http:\/\/www.environmentalriskmanagers.com\/erm\/?p=464"},"modified":"2011-06-06T13:32:50","modified_gmt":"2011-06-06T17:32:50","slug":"new-law-requires-aai","status":"publish","type":"post","link":"https:\/\/estrategist.com\/members\/new-law-requires-aai\/","title":{"rendered":"New Law Requires AAI"},"content":{"rendered":"<p><strong>environmental Strategist, between the lines:<\/strong> If you have participated in one of our environmental risk management and insurance seminars you know we tell you that ERMI\u2019s research shows that roughly 50% of Phase I studies are inaccurate. To support this research, a few years ago ASTM (the group that developed the Phase I and Phase II site assessment standards) came out with All Appropriate Inquiry (AAI) as a way to reduce the inaccuracies associated with environmental site assessments.<\/p>\n<p>To date, AAI has been an option environmental professionals can include or not in their environmental site assessments. Now, Michigan has changed the rules. Do your clients a service by letting them know before they purchase any commercial property, make sure the Phase I \/ Phase II site assessment\/s being performed on their behalf include AAI.<\/p>\n<p>You can also add value by informing other professionals (bankers, attorneys, accountants, realtors\u2026.) you work with that depend upon environmental site assessments in order to perform their professional services.<\/p>\n<p><strong>Michigan Governor Granholm Signs Environmental Bills into Law<\/strong><\/p>\n<p>Entry: New Law will require All Appropriate Inquiry ASTM Standard 1527-05 Phase\u00a01 Environmental\u00a0Site Assessments<\/p>\n<p>Ms. Granholm signed 44 bills Tuesday as she moves toward final decisions on the dozens of bills pending on her desk.\u00a0 The Baseline Environmental Assessment process will now require an AAI Compliant Phase I ESA.<br \/>\nAffirmations will no longer be offered which will greatly impact SBA lending.<\/p>\n<p>The environmental legislation is designed to streamline the regulatory process for cleanups and encourage more liable parties to bring contaminated properties into compliance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>environmental Strategist, between the lines: If you have participated in one of our environmental risk management and insurance seminars you know we tell you that ERMI\u2019s research shows that roughly 50% of Phase I studies are inaccurate. To support this research, a few years ago ASTM (the group that developed the Phase I and Phase&hellip; <a class=\"more-link\" href=\"https:\/\/estrategist.com\/members\/new-law-requires-aai\/\">Continue reading <span class=\"screen-reader-text\">New Law Requires AAI<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-464","post","type-post","status-publish","format-standard","hentry","category-risk","entry"],"_links":{"self":[{"href":"https:\/\/estrategist.com\/members\/wp-json\/wp\/v2\/posts\/464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/estrategist.com\/members\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/estrategist.com\/members\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/estrategist.com\/members\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/estrategist.com\/members\/wp-json\/wp\/v2\/comments?post=464"}],"version-history":[{"count":0,"href":"https:\/\/estrategist.com\/members\/wp-json\/wp\/v2\/posts\/464\/revisions"}],"wp:attachment":[{"href":"https:\/\/estrategist.com\/members\/wp-json\/wp\/v2\/media?parent=464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/estrategist.com\/members\/wp-json\/wp\/v2\/categories?post=464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/estrategist.com\/members\/wp-json\/wp\/v2\/tags?post=464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}