This lectureship was established by the Soil Mechanics and Foundations Division (now the Geo-Institute) of the Society by the solicitation of gifts from the many friends and admirers of Karl Terzaghi, Hon.M.ASCE. It was instituted by the Board of Direction on October 10, 1960.
I. At about yearly intervals and upon recommendation of the Geo-Institute Board of Governors, the Executive Director will invite a distinguished engineer to deliver a "Terzaghi Lecture" at an appropriate meeting of the Society. The lecturer shall be tendered a certificate and a cash prize determined annually by and subject to the approval of the Executive Committee of the Board of Direction based on the income from the award endowment.
II. Membership in the Society is not a requirement for consideration.