1. REDUCE COSTS WITH STREAMLINED FULL-SCALE CONDITION ASSESSMENTS
Desktop condition assessments primarily rely on age, break history and the experience of the engineer evaluating data. The results are often based on best professional judgment, which is a generally accepted engineering practice, but it can be subjective. It’s also been shown that age-based analyses are significantly less accurate, more time intensive and more expensive.
Fracta empowers utilities to move from reactive to preventative and predictive water asset management best practices in a cost effective manner.
2. Reduce Break Rates
As time goes by, more data is collected and the accuracy of LOF and COF improves. By rehabilitating or replacing the worst pipe, utilities should see their break rates decrease over time.
According to the Water Research Foundation, large-diameter pipe breaks result, on average, in a cost to utilities more than $1 million each. Small-diameter breaks cost around $10,000 each.
Initial data on pipe break reduction demonstrates an 11% reduction in future breaks. With the average cost of a break being either $1 million or $10,000 (depending on the pipe size) the savings on pipe break reduction quickly become substantial.
3. Reduce Non-Revenue Water Loss
4. OPTIMIZE CAPITAL INVESTMENT
Industry data suggests 30-40% of replaced pipe has useful remaining life. No matter the size of your utility, losing 30-40% is tremendous waste. Fracta helps you make sure that doesn’t happen. Spend your capital wisely.
5. ADDRESS GASB 34 REQUIREMENTS
Ultimately, utilities capture cost savings while providing the following benefits:
FRACTA DELIVERS VALUE
The following graphic illustrates the comparison of the Fracta Machine Learning Model vs. an age-based model for a medium utility of 847 miles.
“To leave good pipe in the ground as long as possible is economically important.”- Katie Miller, San Francisco Public Utilities Commission