Question: Using the information from the previous question: A contractor estimates that building a new levy/drainage system will cost $2 million but it will last the
Using the information from the previous question: A contractor estimates that building a new levy/drainage system will cost $2 million but it will last the next 40 years. In turn, the likelihood a flood of that impact would be reduced to once every 100 years. Provide the following numbers: Annualized Loss Expectancy (pre): Annualized Loss Expectancy (post): Annual Cost of the Levy: Annual Value of the Levy: A flood that strikes your company's beautiful riverside data facility would likely damage half of the $10 million structure. Your insurance provider tells you that such an event occurs every 20 years. Provide the following numbers: Asset Value: Exposure Factor: Single Loss Expectancy: Annualized Rate of Occurrence: Annualized Loss Expectancy
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