Risk Management

An equally important component of RePipe’s least disruptive pipe replacement service is world-leading risk management systems. RePipe has developed and embedded a risk management system that enables us to identify, assess, manage and monitor all of the risks arising from our specialised activities. In particular, RePipe’s risk management system addresses 2 key risk categories not traditionally covered by pipe replacement providers – operational (business) risk and integrity risk. RePipe considers that its management of integrity risk is fundamental to its success because any risk management system is only as strong as the strength of character of the people operating within it.

RePipe’s risk management system is embedded in every aspect of RePipe’s activities – from project planning and pricing to completion of field works. In particular, RePipe’s advanced understanding of risk enables RePipe to develop innovative risk-sharing agreements to suit each client’s specific needs. RePipe then applies risk-based profit margins which reflect the residual risks to which it is exposed. RePipe’s risk-based pricing can reduce total project costs for clients by 10% whilst at the same time delivering stronger risk-adjusted returns for RePipe’s shareholders.

RePipe’s primary objective is to conduct its business with ‘zero harm’. Beyond this, RePipe employs its very own Echo-NomicsTM framework to ensures our activities echo positive benefits for people, places and our partners.

Operationally, dedicated Risk Officers oversee the ongoing development of, and compliance with, RePipe’s risk management system and have the authority to report ongoing breaches directly to RePipe’s Board of Directors.