What You Get with ACT’s Transaction Screen

Residential, Mixed Use and Office Buildings

The Transaction Screen was designed as an abbreviated environmental assessment of a property where hazardous substances or petroleum products were not believed to be stored or present. The ASTM developed a standard practice in 1993 for the performance of Transaction Screens which is now referred to by its most recent revision, E 1528-14. As with the Phase I ESA, a Transaction Screen is intended to identify all confirmed or suspected RECs at a property.

A typical Transaction Screen includes the following tasks:

  • Inspection for petroleum or hazardous materials handling, storage or disposal
  • Research into the hydrogeology and radon levels in the area
  • Federal and state database research into the property and its vicinity
  • Research into historical fire insurance map, city directories and aerial photos
  • Completion of a Transaction Screen Questionnaire
  • Preparation of a Transaction Screen Report
While the ASTM Transaction Screen appears to be very similar to the conventional Phase I ESA, it can only be used effectively on properties where there has been little or no reported use or storage of hazardous substances, petroleum products or their waste products, such as private residences and commercial office buildings.