Designation:E2137−06(Reapproved2011)StandardGuideforEstimatingMonetaryCostsandLiabilitiesforEnvironmentalMatters1ThisstandardisissuedunderthefixeddesignationE2137;thenumberimmediatelyfollowingthedesignationindicatestheyearoforiginaladoptionor,inthecaseofrevision,theyearoflastrevision.Anumberinparenthesesindicatestheyearoflastreapproval.Asuperscriptepsilon(´)indicatesaneditorialchangesincethelastrevisionorreapproval.1.Scope1.1Purpose—Thepurposeofthisdocumentistoprovideastandardguideforestimatingcostsandliabilitiesforenviron-mentalmatters.2Manypossibleusesforestimatesofcostsandliabilitiesforenvironmentalmattersexist,includingbutnotlimitedtobusinessdecisionmaking,communicationsandnegotiationsinvolvingchangeofpropertyownership,regula-toryrequirements,third-partylawsuits,insurancepremiumcalculationandclaimsettlement,changeofpropertyuse,revitalization,complianceplanning,construction,analysisofremedialalternatives,budgeting,strategicplanning,financing,andinvestmentanalysisbyshareholders.Theuseofestimatedcostsandliabilitiesdevelopedinaccordancewiththisstandardmaybesubjecttootherstandardsapplicabletothematterinvolved.Forexample,itisnotintendedtosupersedeaccount-ingandactuarialstandardsincludingthosebytheFinancialAccountingStandardsBoardandtheU.S.SecurityandEx-changeCommission.Thisstandarddoesnotaddresstheestablishmentofreservesordisclosurerequirements.1.2Objectives—Theobjectiveofthisstandardistoprovideguidanceonapproachesforestimatingcostsandliabilitiesforenvironmentalmatters.2.ReferencedDocuments3,42.1ASTMStandards:E1527PracticeforEnvironmentalSiteAssessments:PhaseIEnvironmentalSiteAssessmentProcessE1739GuideforRisk-BasedCorrectiveActionAppliedatPetroleumReleaseSitesE2081GuideforRisk-BasedCorrectiveActionE2091GuideforUseofActivityandUseLimitations,IncludingInstitutionalandEngineeringControlsE2205GuideforRisk-BasedCorrectiveActionforProtec-tionofEcologicalResourcesE2345PracticeforInvestigatingElectricalIncidents(With-drawn2013)52.2OtherDocument:EPAOSWERDirective9610.1...
