Will Asbestos Impact Your Next Deal?

Urban infill. It’s the trend these days. As older buildings are getting demolished or renovated, there is heightened attention on asbestos-containing building materials.

Asbestos was commonly used in building construction until the 1970s, when certain asbestos-containing building materials were banned by the EPA. It is estimated that 35 million homes, schools and businesses still contain asbestos. An asbestos inspection is a non-scope consideration under an ASTM E1527-13. However, there are a number of important reasons to include an assessment of asbestos risk in the scope of environmental due diligence.

  • Increased OSHA and state environmental regulations and
    enforcement
  • Worker and occupant safety
  • Liability minimization
  • Properly identifying all potential risks and remediation costs during due diligence
  • Avoiding unnecessary and costly delays during demolition/renovation

A small amount of investigation on the front end can help avoid costly ramifications on the back end. Make sure you are working with someone who is providing a true consultative approach with your due diligence projects.

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"Regulatory compliance is critical. Mid-Atlantic provides environmental expertise and a quality of service that says they care about my business. I get a consistent level of service from their staff at very competitive rates, which means good value for us. Their highly qualified professionals keep abreast of the technology and regulations needed to get the job done."