Important structures such as nuclear power plants must have higher rel
iability against failure due to natural hazards than other structures.
The appropriate design load level or the target reliability should be
discussed in an engineering context to reach a consensus acceptable t
o society. Once an optimum reliability formulation is decided, the rel
iability is determined by a failure cost estimate. This paper proposes
a normalized failure cost approach as a basis for discussion. Numeric
al examples are also described.