You are very correct that both API-653 (Also API-510, & API-570) and the OSHA & EPA codes allow a lot of latitude for certain parts of the inspections. They must, however, be defensible and governed by "generally accepted good engineering practice" The extent of the inspection should depend on variable such as operating conditions, product, consequence of failure, etc. <br><br>Also the results of the inspection need to be evaluated by a competent engineer experienced in the design of storage tanks (or pressure vessels or piping, given the situation)<br><br>It has been my experience that many companies simply hire an API-653 inspection, and no thorough evaluation is performed. <br><br>Unfortunately, I'm not sure whether I can leave me email address or my company's web site to give you more information