Real Estate

What does the looming May 7, 2014 Site Remediation Reform Act Deadline mean for you?

10/17/2013 | Article

By Lisa M. Bromberg and Thomas Spiesman

The Site Remediation Reform Act ("SRRA"), enacted in May 2009, includes a significant requirement to complete the remedial investigation of certain sites before May 7, 2014. The requirement applies to: all discharges/contaminated areas of concern at the site where the contamination was identified on or before May 7, 1999, and all discharges/contaminated areas of concern at the site where the contamination should have been identified due to an obligation to complete a preliminary assessment and/or site investigation on or before May 7, 1999.

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