Approximation of the Asbestos Cleanup Liability for Large Real Property Portfolios

U.S. federal agencies are required to report an estimate of the asbestos cleanup liability for their facilities. A recent Whitestone study proposed a simple and defensible approach to approximate this liability. Two cost factors, one for asbestos surveys and one for cleanup, were estimated using secondary data. Applied to pre- 1981 facilities, these costs were found to be close to engineer estimates and to results reported in an earlier study of California public buildings.



Facility funding targets
Click here to download the Whitestone Report: Approximation of the Asbestos Cleanup Liability for Large Real Property Portfolios.

 

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