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Tag Archives: Probable Maximum Loss

Seismic Risk Assessment and Seismic Probable Maximum Loss Reports

Seismic Risk Assessments are an assessment that can be “forgotten” when the lender/buyer is not themselves in a seismic risk zone. Property that is in a high risk seismic zone should be evaluated for loss during “the big one.” Seismic Probable Maximum Loss Reports are engineering reports that evaluate the expected amount of loss that…

Essential of Seismic Risk Assessments Webinar

Partner’s Technical Director – Structural Engineering, Joshua Marrow, PE and Principal, Jenny Redlin, REA presented an informative webinar today regarding the Essentials of Seismic Risk Assessments. This hour long presentation covered many important topics such as; Why do we perform Seismic Risk Assessments? Who are Seismic Risk Assessment Users? Why a Seismic Risk Assessment is…

Partner Spring Webinars

Partner Engineering and Science, Inc. is pleased to launch our spring webinar series. This series offers new and updated webinars that discuss commercial real estate trends, standards updates and changes as they affect the commercial real estate industry. Registration for all webinars is at no cost to industry professionals. Webinar Topics Include: The Essentials of Seismic Risk…

Partner Continues Industry Education Efforts with New Due Diligence Series

Environmental and engineering due diligence in relation to real estate transactions often poses questions about how, when and why. As an industry leader in providing assessments, Partner had taken to task to also be industry leaders in educating the real estate industry on the When of ordering a report, the Whys, the Hows, and the…

Seismic Damageability Reports

Seismic Damageability Reports and Probable Maximum Loss Reports are terms that are used interchangeably in the engineering due diligence field. In both instances, engineers are engaged to quantify the amount of seismic risk associated with a building. Most engineers prepare reports according to ASTM E 2026-2007 guidelines.   While Probable Maximum Loss (PML) is by far the…