Extract to table

A new report must be prepared under the current ASTM E1527-21 standard to comply with applicable federal requirements

A below), the user reliance issue is effectively moot; a new report naming the appropriate parties must be commissioned regardless

A new Phase I ESA must be commissioned and completed within 180 days prior to the anticipated closing date of June 30, 2026, meaning the new report must be dated no earlier than approximately January 2, 2026, and no later than approximately June 30, 2026

For example, interviews and site reconnaissance have a shelf life of 180 days, but government records and database searches must be conducted within 180 days prior to the date of the Phase I report itself, not the transaction closing date

As a result, a new Phase I ESA must be prepared under ASTM E1527-21 to comply with current federal AAI requirements

The report must name Pinnacle Federal Savings Bank (or its successors and assigns) as a user or intended beneficiary