ASTM recently published revisions E2557-16a What's in the Form? ASTM E2026 Form Guidance
- Property information and description of buildings,
- Review of seismic hazards at the site,
- A list of documents reviewed, such as design drawings,
- The level of Review provided by the report,
- Estimation of building loss, including the specific loss definition
- Identification of the analysis and methods used to determine loss,
- Evaluation of building stability (collapse potential) and methods used to reach opinion, and
- Qualifications of the senior and field assessors who completed the work.
Levels of Assessment Probable Maximum Loss Reports
- Relying on an estimate of Probable Maximum Loss (PML), alone, may not provide a complete picture of seismic risks. It's necessary to read the entire report to fully understand the findings.
- Seismic Risk Assessments can change. Changes to the property and changes in our understanding of building performance and seismology can result in different conclusions over time.
- Most findings are professional opinions.
Have Questions About the ASTM Updates? REGISTER NOW ASTM recently published revisions E2557-16a What's in the Form? ASTM E2026 Form Guidance
- Property information and description of buildings,
- Review of seismic hazards at the site,
- A list of documents reviewed, such as design drawings,
- The level of Review provided by the report,
- Estimation of building loss, including the specific loss definition
- Identification of the analysis and methods used to determine loss,
- Evaluation of building stability (collapse potential) and methods used to reach opinion, and
- Qualifications of the senior and field assessors who completed the work.
Levels of Assessment Probable Maximum Loss Reports
- Relying on an estimate of Probable Maximum Loss (PML), alone, may not provide a complete picture of seismic risks. It's necessary to read the entire report to fully understand the findings.
- Seismic Risk Assessments can change. Changes to the property and changes in our understanding of building performance and seismology can result in different conclusions over time.
- Most findings are professional opinions.
Have Questions About the ASTM Updates? REGISTER NOW
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Bill Tryon
As Director of Strategic Development, Bill Tryon focuses on advancing key risk management initiatives from an environmental, engineering and construction risk standpoint. Bill has a long track record of innovation, and hopes to educate the industry on best practices to control risks, reduce costs and create a competitive advantage. Through The Science of Real Estate forum, Bill will provide regular updates from across the CRE risk management world.
