Risk & Business Magazine Bowen Miclette & Britt Winter 2017 | Page 26

TDT PLUMBING Y ou’re busy, as you should be. Investigating potential new products, holding meetings, dealing with investors, looking over sales reports. You certainly don’t have the time to routinely inspect your business’s plumbing, and you probably don’t have an employee who was hired for that type of task, either. Although a building’s infrastructure is something that a lot of business owners overlook as inconsequential, the reality is that infrastructure (such as plumbing, roofing, and the like) doesn’t last forever, and when it fails, it can be an expensive catastrophe that damages equipment, files, and products. It can even put lives in danger. For homeowners, leaking pipes are a bigger threat than burglaries and fires. For businesses, leaking or freezing pipes are among the most common types of business insurance claims, especially if the business property is thirty years old or older. The most important lesson to take away from this is that there are many precautionary tasks that can be done to greatly reduce the chances of plumbing failure. If you do not have a facility manager in-house, feel free to contact us—TDT Plumbing—to get a cost estimate on our various investigative services so we can inspect the health of your property’s piping systems and suggest any necessary enhancements or repairs. We know that 26 routine maintenance and preventative investments are less expensive than reactionary investments after plumbing systems fail. For instance, one domestic water-branch line in an office building can waste about 22,000 gallons of water in just 24 hours, costing almost $5,500 a month in water bills as well as other high costs to dry out the inside of walls, remove mold, and fix