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Tag Archives: Senario Expected Loss

Environmental Due Diligence

EEL on a Vapor Encroachment Condition (VEC)

Posted on by Joe Derhake PE

Expected Environmental Loss (EEL) on a Vapor Encroachment Condition (VEC)? Expected Environmental Loss is a term I coined and introduced on my previous blog post.   EEL is essentially the mean or expected loss that an owner will experience if they own a given asset with an associated recognized environmental condition (or Vapor Encroachment Condition, VEC).    The term…

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Environmental Due Diligence

Seismic Damageability Reports

Posted on by Joe Derhake PE

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…

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