Milk, bottled water, canned food...and even, Phase One Environmental Site Assessments (ESAs) have expiration dates. The only thing that reportedly doesn't go bad...SPAM!!!*
Under the AAI Final Rule, a prospective property owner may use a Phase I ESA report without having to update any information collected as part of the inquiry:
•If the all appropriate inquiries investigation was completed less than 180 days prior to the date of acquisition of the property; or
•If the Phase I ESA report was prepared as part of a previous all appropriate inquiries investigation and was completed less than 180 days prior to the date of acquisition of the property.
*"The processing techniques utilized by Hormel Foods makes the canned product safe for use indefinitely if the product seal remains intact, unbroken and securely attached to a can that has been well maintained. It is suggested that all canned products be stored in a cool and dry environment to keep the flavor adequately preserved. For maximum flavor it is recommended that the product be used within three years of the manufacturing date. After that period of time, the product is still safe to use however, the flavor gradually declines." (www.hormelfoods.com)
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