The construction giant is responding to 46 leaks a week, with most bursts in pipes manufactured between mid-2017 and mid-2022.
Construction giant BGC forecasts it will cost more than $700 million to deal with a deluge of faulty pipes used in tens of thousands of new home builds across the country.
“We’re experiencing a very high rate of bursts of the Iplex pipes, we’re seeing upwards of 6.7 a day and 200 in the month in September,” Gray said.“A full home repipe costs on average $60,000 per home, each taking over six months to complete incurring significant relocation costs.” “Therefore, we’re doing a ceiling repipe program which can be done in about three quarters of a day and mitigate half of the bursts as an interim measure.”“We’ve had emails where customers have been around an electric shock from interacting with light switches,” he said.“We’ve had one of our customers reach out to say that his 18-month-old baby slipped on tiles in the ensuite when the burst had just happened and was taken to hospital.
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