A Brave New World For Commercial Buildings

Law360, New York (February 23, 2011, 5:40 PM EST) -- On Feb. 10, 2011, ASTM International formally published its Building Energy Performance Assessment (BEPA) Standard - E 2797-11. This standard will enable users to measure the energy performance of a commercial building in connection with a real estate transaction. Regulatory drivers spurred the development of the BEPA standard, even in the midst of a construction recession.

In the past few years, several states and local governments passed mandatory building energy labeling and transactional disclosure regulations. These disclosure regulations, combined with some building codes that are now...
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