Under Option 1 of the credit, we can pursue EITHER the ASTM E1903-97 Phase II Environmental Site Assessment OR the 'local voluntary cleanup program'. Our interpretation is that the local voluntary cleanup program should represent a local code equivalent of the ASTM E1903-97 Phase II ((in our case it would be the 'Methodology for the Assessment of Contaminated Areas', issued by the Ministry of Environment of the Czech Republic).

Can someone please confirm that our interpretation is correct? And if yes, has anyone already used this path with success?

Thank you for any advice / thoughts on this