Realistic risk assessment of civil infrastructure聽subjected to catastrophic events plays a crucial role in strategic asset management. In this process, visualization of the asset and its environment always possesses some epistemic uncertainty associated with the modeler's simplification/abstraction. The present paper aims at providing a critical perspective into the characterization of the seismic excitation model for risk assessment of civil infrastructures and identifying gaps in the present knowledge. For this purpose, the main factors that influence the development of a comprehensive framework for the simulation of seismic excitation are highlighted. The coupling effect of the spatial variability of ground motions and the substructure's footprint on the realization of the seismic excitation model is illustrated. Finally, the necessity of direct incorporation of the load analysis subtask in the probabilistic seismic risk assessment of civil infrastructures is discussed. In addition, simplified probability density functions are proposed for the simulation of the seismic excitation model.