David Espinoza, PhD, PE

David Espinoza is a Senior Principal Geoenvironmental Engineer based in Maryland with more than 35 years of experience focused on design of foundations over soft soils, design of containment facilities (including municipal solid waste, mining tailings, and coal-combustion residuals), and closure of containment facilities (including tailing-storage facilities). More recently, David has conducted financial evaluations of infrastructure investments taking into consideration physical risks such as climate change.

David Espinoza is a Senior Principal Geoenvironmental Engineer based in Maryland with more than 35 years of experience focused on design of foundations over soft soils, design of containment facilities (including municipal solid waste, mining tailings, and coal-combustion residuals), and closure of containment facilities (including tailing-storage facilities). More recently, David has conducted financial evaluations of infrastructure investments taking into consideration physical risks such as climate change.


For his solid-waste, industrial, and mining clients, David has conducted geotechnical engineering evaluations and slope-stability analyses, and he has designed embankments and mechanically stabilized earth walls, drainage systems, and geotechnical monitoring plans. His project sites have included locations where weak soil conditions prevented standard design techniques.

David's experience includes a strong background in the design and use of geosynthetic materials as hydraulic barriers, subsurface drainage, and embankment reinforcement applications. With a deep understanding of numerical models and geomechanics, David models complicated soil-structure interaction conditions and creates successful design recommendations for complicated field conditions. In addition, David conducts forensic investigations of failures and is a technical consultant on litigation involving geoenvironmental projects.

Recently, David's expertise has expanded into decision analysis and financial evaluation. He develops unique quantitative methods that allow decision-makers to account for both technical and financial risks using state-of-the-art financial theory. In addition, he has authored several papers on engineering and finance that have been published in peer-reviewed journals and financial newspapers such as the Financial Times. 

Contact David at This email address is being protected from spambots. You need JavaScript enabled to view it. or +1-410-381-4333.

SELECTED PUBLICATIONS

  • Espinoza D., Rojo J. (2017) Towards sustainable mining (Part I): Valuing investment opportunities in the mining sector. Resources Policy Journal, 52, 7-18.
  • Espinoza D., Morris J. (2017) Towards sustainable mining (Part II): Accounting for mine reclamation and post reclamation care liabilities. Resources Policy Journal, 52, 29-38
  • Li C., Espinoza, D. (2017) Assessment of reinforced embankment stability over soft soils based on monitoring results.  Geosynthetics International, 24, 3, pp. 264–79
  • Cifuentes A. and Espinoza D. (2016) Infrastructure investment and the peril of discounted cash flow.  Financial Times, Markets Insight, 3 Nov. 2016.

Career Summary of David Espinoza, PhD, PE

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  • Specialties: Financial Risk Analysis; Waste Containment Facility Planning and Design; Geotechnical Infrastructure and Foundation Engineering; Forensic investigation; Financial Evaluation of Infrastructure Investments
  • Practice Areas: Environmental Management, Geotechnical and Geoenvironmental Engineering, Waste Management
  • Disciplines: Geoenvironmental Engineering, Geotechnical Engineering
  • Education: Ph.D., Engineering, Purdue University, 1993; M.Sc., Civil Engineering, Purdue University, 1990; B.S., Civil Engineering, Pontifical Catholic University of Peru, 1986
  • Registration: Maryland Engineer, 0022181; Delaware Engineer, 13621; California Engineer, C54940

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