What was the fiscal value of the Grenfell tower?  What was the human value of the Grenfell tower?  What cost is associated with the poor soles that perished or the people that survived the tragedy?

Sergio Fernandez said:

Competent people making the laws with advice from this forum and other BS7671 competent people.

Given that the laws are created by MPs who have no qualification at all to do the job, you have little chance of that happening.

Laws created by the law people (parliment and King Charles) and the CoP or GN by people in this forum or the people that help write BS7671 ergo the rule written by experts from the industry

Quite so, and you can bet that they had all the paperwork they were supposed to have by law, and yet had magically failed to actually apply any of the professional judgement needed to make it meaningful.

And if you change the rules, without changing the "tick a box "management mentality that it encourages, that will sadly be still the problem.

But, as you ask,  Grenfell numbers.

74 people died. Immediate loss to economy of 1 or 2 million per life assuming mid life adult  in work with good prospect. Call it 150 Million tops.

Cost of rehousing survivors, at least £500million (from Royal Borough of Kensington and Chelsea budget 2022)

Cost of legal fees more like 500 million. (estimated)

 A lot has been spent on the public and police inquiry, combined ~ £230million maybe more to come (Hansard and some newspapers)

Circa 900 relatives and survivors have received £150million in compensation through civil court proceedings, (according to the Department for Levelling Up, Housing and Communities)

Arconic, the company responsible for manufacturing the cladding, has spent £35million on lawyers and so far settled just £47million worth of claims.

So probably all up, the best end of about 1,5 billion. 

Compares to the recent refurbishment of Barts Hospital in London (about 1 Billion) or the installation of a couple of MRI scanners and associated  buildings (800 Million each). Or the greater London Authority budget for about 2 years.

Expensive,. yes, but not incalculable. Would more regulated  EICRs have added to the cost of living there?,certainly, But would they have stopped the fire ? - probably not.

Mike.

I have little faith that making EICRs mandatory and collecting them centrally would make life safer for anybody.

Yesyes. The report should be accessible to house insurance companies. 

I am glad that you concur Mark.

Thank you Mike for the figures.  It is a shame that engineering design has to be curtailed by an accountant or by a risk management/mitigation team.  But alas we all have budgets to work to.  It could pose question. 

How would Joseph William Bazalgette London sewer poject faired if the same Fiscal and management/mitigation rules had been applied.  Would his project still be functional 150 years later or possible would the project of started at all?  Maybe I will create that as a separate thread disscussion on this forum.

Back to the matter at hand.  It is worth bearing in mind that the EICR are only done when they are required and that people or entities have already paid for the inspection.  The only additional cost would be from the management of the database. 

More expense for homeowners.  More drive-by EICRs as people shop around to get the cheapest "satisfactory" certificate they can, otherwise they can't get insurance.

What insurance that a homeowner pays requires an EICR?