Brownfields: Redeveloping Environmentally Distressed Properties

Appendix 3: Acronyms

AICPA

American Institute of Certified Public Accountants

ASTM

American Society for Testing and Materials

CDBG

Community development block grants

CERCLA

Comprehensive Environmental Response, Compensation and Liability Act

CERCLIS

Comprehensive Environmental Response, Compensation and Liability Information System

CGL

Comprehensive general liability

COC

Constituent of concern

CRE

Counselors of Real Estate

DOC

Dissolved organic carbon

EAV

Equalized assessed value

FASB

Financial Accounting Standards Board

FIRREA

Financial Institutions Reform, Recovery and Enforcement Act

FID

Flame ionization detector

GAO

General Accounting Office

GC

Gas chromatography

GC-MS

Gas chromatography mass spectrometry

GL

General liability

G.O.

General obligation (bonds)

HPLC

High-performance liquid chromatography

HUD

Department of Housing and Urban Development

ICP

Inductively coupled plasma

IDB

Industrial development bonds

IEPA

Illinois Environmental Protection Agency

MAI

Member of Appraisal Institute

MOA

Memorandum of agreement

MOU

Memorandum of understanding

NFR

No further remediation

NFRP

No further remedial action planned

NOI

Net operating income

OVA

Organic vapor analyzer

PAH

Polycyclic aromatic hydrocarbons

PCE

Perchlorethylene

PCP

Pentachlorophenol

PID

Photo ionization detector

PMD

Planned manufacturing district

PPA

Prospective purchaser agreement

PRP

Potentially responsible party

RBCA

Risk-based corrective action (also pronounced "Rebecca"

RCRA

Resource Conservation and Recovery Act

REC

Recognized environmental condition

REEL

Real estate environmental liability

SEC

Securities and Exchange Commission

SEIDS

Site Environmental Information Data System (Illinois)

SIR

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