COF Overview
Last updated
Last updated
COF (Consequence of Failure) is the application that determines the consequences, or severity, of failure and quantifies the direct and indirect dollar costs of water main failures, using a Triple Bottom Line (TBL) monetized approach. COF brings monetized risk into a utility’s toolkit, removing subjectivity from difficult decision making.
COF analysis uses a configurable user interface for utilities to customize, visualize, and evaluate direct and indirect costs associated with the failure of their pipe assets. Examples include: repair costs, traffic disruption, service to critical facilities etc.