Precision Academy Systems; Inc. failed to conduct an inspection and develop an asbestos management plan as required under the Asbestos Hazard Emergency Response Act (AHERA). The charter school has since had an asbestos management plan prepared. Precision Academy Systems; Inc. was fined $9,700 for these violations of AHERA but is not required to pay into the Asbestos Trust Fund because the cost of compliance is larger than the penalty.