Utility companies including telephone, cable, oil, gas, and hazardous liquid production and associated distribution companies have serious problems with maintaining the integrity of their service lines.  With modifications to their lines occurring every day, their lines are under continuous risk of being compromised or damaged.  If the lines are damaged in some way, the more sophisticated companies have engineered methods to recover the lost product and other associated costs of the damage.  According to an Office of Pipeline Safety 2001 report, property damage to the 200,000-mile gas pipeline network in the United States was over $23 million per year.  We believe the losses were significantly more than reported based upon experience with our gas clients.  Furthermore, there are no statistics available for the lost time and expense associated with this risk in other utility sectors.  Based upon data from our clients, we believe the lost product and business interruption expenses to be over $1 Billion in the US alone. 

Blackburn Group’s entire suite of RiskPro risk management tools, including the Line Damage Cost Reclamation module, allows companies to capture the information necessary to measure and manage these business and operational risks.  We have engineered our programs to capture the details necessary to reclaim all of the physical and business interruption costs, then bill the perpetrators. If billing the responsible party is impossible, then the utility will be able to know the current and future liability associated with the event.  The unique aspect of the module is that it is fully integrated in the entire data model.  The utility client is then able to integrate the details into their other operating systems.  Our fully integrated system is significantly different from our competitors, who manage the information in spreadsheets. 

For example, A major United States gas distribution company is employing a solution that bills all responsible parties for the lost gas and associated costs to repair lines that have been improperly compromised.  The cumulative recovery efforts have netted millions of dollars since they have used the application.

Contact us for a free consultation, through a qualified distributor, on how you can save from 20% to 30% on risk costs.

 

Blackburn Group, Inc.
Penfield, NY 14526-0052
(585) 586-4530,  (585) 586-7479 fax,  Email: sales@blackburngroup.com
  

RiskPro is a registered trademark of Blackburn Group, Inc.

Copyright 2006 Blackburn Group, Inc. All rights reserved.