Posts Tagged ‘EPA’
SBA now has Tougher Stand on Environmental Due Diligence
(November 2009)
This article is reprinted with the courtesy of ETS Environmental & Associates, Lodi, CA.
As an environmental consultant it seems that hardly a year passes that does not bring along with it some new potential concern, previously unidentified liability or new tougher regulations that must be adhered to. In this article, I wanted to inform our members of recent changes required by the Small Business Administration (SBA) as part of their updated environmental program.
In the past, a Phase I Environmental Site Assessment (ESA) was typically sufficient to meet the environmental due diligence requirements needed by the SBA. In order to simplify and standardize environmental due diligence, the SBA has developed specific environmental policies and procedures in their recently adopted Standard Operating Procedure (SOP) 50 10 5. Highlights of the environmental policies and procedures are summarized as follows:
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