AEI is pleased to share the recently published User Guide for Property Condition Assessments (PCAs). The User Guide was created by a committee of industry experts from the National Engineering and Environmental Due Diligence Association (NEEDDA) and is intended to serve as a resource to the community of clients who utilize PCAs but may not have access to the ASTM standard. The Guide outlines client responsibilities, fundamental principles of the ASTM standard, limitations and out of scope considerations, exclusions, and Frequently Asked Questions (FAQs).
This guide may help you work with your consultant to promote a common understanding of your objectives and the limitations of the report.
AEI Consultants is one of the founding member firms of NEEDDA, and AEI’s CEO, Holly Neber, is currently serving as NEEDDA President. The National Engineering and Environmental Due Diligence Association or “NEEDDA” is a 501(c)(6) non profit organization formed to promote the common interests of engineering and environmental consulting firms who provide due diligence for real estate transactions. One of NEEDDA’s primary goals is to promote greater consistency and quality in the practices of due diligence consultants through establishing voluntary best practices. Other NEEDDA activities include providing education, publications, conferences, research, and accreditation and certification programs.