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EPA’s final rule on updated ASTM standard likely to be withdrawn

EPA’s final rule on updated ASTM standard likely to be withdrawn


September 26, 2013

The Environmental Protection Agency is expected to withdraw a direct final rule issued in Augustregarding an ASTM standard for Phase I Environmental Site. An overwhelming number of public comments said that while the new rule was more stringent and would incur greater costs, it was better and could create a more level playing field than the current standard. EPA decided that either standard could be used, but critics charged that would create a “two-tier due diligence market.”

(http://www.jdsupra.com/legalnews/epa-to-withdraw-all-appropriate-inquirie-81481/)

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