Medindia

X

EDR Poll Finds Environmental Professionals, Property Buyers and Lenders Eager to Apply New Vapor Intrusion Standard During Real Estate Transactions to Protect Health and Investments

Tuesday, April 29, 2008 General News J E 4
Advertisement
MILFORD, Conn., April 28 Environmental Data Resources,Inc. (EDR), the leading U.S. provider of environmental risk informationservices and solutions, today announced the results of a poll indicating ahigh level of awareness of the health, investment and liability risksassociated with vapor intrusion. The poll also showed that environmentalprofessionals (EPs), property buyers and lenders are eager to apply therecently approved ASTM standard practice for vapor intrusion assessment toaddress these concerns.

More than 500 EPs from environmental consulting and engineering firmsacross the U.S. participated in the poll. Of these, 95.2 percent stated thatthey plan to speak with their customers (who include property buyers, owners,and commercial lenders) about vapor intrusion and how best to manage the riskthat it presents. Moreover, more than half of EPs (51.5 percent) indicatedthat their customers had already asked them about vapor intrusion. Fewer thanone in three respondents (29.5 percent) stated that their firm already had aninternal training program on vapor intrusion.

Vapor intrusion is an indoor air quality hazard that has emerged as asignificant environmental and health issue in recent years. It occurs whenrapidly evaporating (volatile) chemicals migrate from polluted soil andgroundwater in the form of vapors into overlying buildings. Thousands ofproperties nationwide are potentially at risk for vapor intrusion. Potentialsources of vapor intrusion include current or former industrial facilities,gas stations, and drycleaners.

Since the approval of the ASTM vapor intrusion standard on March 1, 2008,EDR has been providing resources to help EPs apply the new standard. Inaddition to publications and training resources, the company has introducedthe EDR Vapor Intrusion Screen, an interactive online worksheet that assistsEPs in applying the unique search distances and other data evaluation criteriamandated by the new standard.

The "Standard Practice for Assessment of Vapor Intrusion into StructuresInvolved in Real Estate Transactions" (ASTM E 2600-08) is the first nationwideindustry standard enabling a consistent methodology for screening, evaluating,and mitigating properties for vapor intrusion risk. Prior to the approval ofthis standard, the real estate industry had no consistent method forefficiently screening properties for vapor intrusion conditions and avoidingsituations that might put individuals at risk.

"Vapor intrusion has long been a concern among real estate professionalswho lacked guidelines for identifying and working with this threat, so we arehappy to see a standard that raises public awareness of the health andinvestment concerns caused by this growing issue," said EDR CEO Rob Barber."As this poll confirms, many environmental professionals and their customersare eager to apply the new standard to respond to the growing concern aboutvapor intrusion risk."

EDR administered the poll to EPs during online conference presentations inMarch and April 2008 entitled "Vapor Intrusion: Understanding the New ASTMStandard." The featured speaker during these presentations was AnthonyBuonicore, PE, BCEE, QEP, Chairman of the ASTM Vapor Intrusion Task Group,which developed the new industry standard.

ASTM International is a voluntary standards development organization. ItsVapor Intrusion Task Group, which began work on the new standard in 2005, hasmore than 100 active members, including regulators, environmental consultants,lawyers, lenders, property owners, developers and investors. For moreinformation about ASTM International, visit www.astm.org.

About EDR

Environmental Data Resources Inc. is the leading national provider ofenvironmental risk information services and related workflow applications inthe United States. As the innovator of the most comprehensive and accuratedatabase of environmental
Advertisement


Advertisement

You May Also Like

Advertisement
View All

Post your Comments

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
User Avatar
* Your comment can be maximum of 2500 characters
I agree to the terms and conditions
s
Study: Casual Video Games Demonstrate Ability to R...
S
Kidney Care Community Applauds National Taxpayers ...