Summary

Executive Order 12699

“ Seismic design and construction standards shall be adopted for agency use in accord with sections 3 (a) and 4 (a) of this order.
Sec. 2.⁠Federally Leased, Assisted, or Regulated Buildings.
The purposes of these requirements are to reduce risks to the lives of occupants of buildings leased for Federal uses or purchased or constructed with Federal assistance, to reduce risks to the lives of persons who would be affected by earthquake failures of federally assisted or regulated buildings, and to protect public investments, all in a cost-effective manner.
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Source: Wikisource

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