launches online Superfund report reservation system
The Institute of Scrap Recycling Industries
(ISRI) launched a new online, automated Superfund Recycling Equity
Act (SREA) report system to assist ISRI members in reserving
and obtaining the necessary reports that help them to be exempted
from Superfund liability.
ISRI members can make reservations for, and obtain, SREA reports
through a web-based form ISRI is offering through its SREA Reasonable
Care Compliance Program.
ISRI successfully worked in 1999 with Congress to obtain an exemption
for recyclers from Superfund liability, but that exemption is
not automatic. The 1999 law requires recyclers to conduct due
diligence demonstrating that they checked to make sure their
customers are in compliance with applicable environmental laws
and regulations prior to shipment of recyclable materials to
ISRI president Robin Wiener noted that while due diligence reports
can cost upwards of several thousand dollars if done individually,
ISRI has contracted with URS, an environmental consulting firm,
to provide these reports at a substantial discount. ISRI is in
turn offering ISRI members the opportunity to reserve and receive
their reports for a handling charge of $12. However, due to budget
restrictions, ISRI can provide only a limited number of unique
SREA due-diligence reports at the reduced rate. The terms of
the program may be found at www.isri.org/srea.
“ISRI is working to ensure that our members save money and time
and protect themselves through this important program,” Wiener
said. “The ISRI board believes that helping members protect themselves
is a critical role for ISRI, and that is why it has approved
several hundred thousand dollars of ISRI’s budget to be used
for the purchase of these reports and decided to only pass on
a minimal handling charge per report to its members. I strongly
encourage our members to take advantage of this system that is
easy to use, a potentially significant money saver and hard to
ISRI has scheduled a workshop on SREA issues at its annual convention
and exposition, one of the world’s largest meetings of scrap
recycling professionals. The workshop is scheduled for April
7 and will focus on how recyclers can better understand their
responsibilities and the tools that ISRI provides to help meet
SREA’s due-diligence requirements. The session will be led by
the URS senior reviewer in charge of the overall SREA program.
“At our company, we feel it is extremely important to protect
our future. By completing the SREA due diligence, we are doing
our best to avoid a costly mistake down the road,” said Matt
Kripke of Kripke Enterprises. “Requesting the reports from ISRI
allows us to take advantage of economies of scale and pay only
a fraction of what it would cost us to order the data on our
own,” concluded Kripke.
ISRI’s SREA report system began accepting report reservations
from qualified recyclers on March 16, and will continue to do
so through April 30.
Members should make their reservations by the April 30 deadline.
The program is currently budgeted to cover reports on approximately
1,400 different consuming facilities. If necessary, ISRI will
prioritize reports based on a computer algorithm that takes into
account demand for each consuming facility and other criteria.