According to a study conducted by CIREG ( Construction Insurance Risk Engineers Group), Massive losses due to water leaks on construction sites are now more likely to occur than fire-related events. Higher costs, higher deductibles, and loss of coverage are all becoming more frequent for unprotected sites( with no system installed for water leak detection and 24×7 water monitoring )
As expenses and delays soar, construction projects need to reduce the potential risk of water leakage. Water leaks from building services on a construction site can have disastrous results, causing significant property damage both on and off-site as well as significant delays.
However, following best practices and greater use of real-time water monitoring technologies could substantially lessen the impact.