Specification · Fathom Water v1

Fathom Water v1. The Fathom readiness standard for preventable water loss.

Draft · public review opens Q1 2026Version 1.0-draft.3 · Last updated 2026-02

Fathom Water v1 defines the controls, verification, cadence, and audit trail a property must hold to be considered Fathom Verified for preventable water loss. The standard is designed to be referenced in loan covenants, insurance endorsements, and servicing agreements.

Fathom Water v1 is published under the Fathom Readiness Standards program, the family that will also include Fathom Freeze, Fathom Fire, Fathom Storm, and Fathom Vacant. Each standard is peril-specific and independently citable; the program is the umbrella under which they share governance, registry, and versioning policy.

Overview

Fathom Water v1 is a property-level readiness specification. It is asset-scoped, not portfolio-scoped, and produces a single verifiable certificate per asset with a defined expiry, exception register, and registry record.

Standard ID
Fathom Water
Program
Fathom Readiness Standards
Version
1.0 (draft)
Scope
Multifamily and commercial real estate, U.S.
Issued by
Fathom Readiness
Successor of
None. First public version.

Scope

Fathom Water v1 covers preventable, non-weather and freeze-driven interior water loss. It does not cover named-storm flood, sewer backup, or catastrophic perils, which are addressed by sibling standards on the roadmap (Fathom Storm, Fathom Freeze).

In scope
Plumbing failures, supply-line and appliance leaks, freeze-driven pipe failure mitigation, vacant-unit water exposure, monitoring coverage, shutoff and access readiness, response readiness, vendor coverage.
Out of scope
Named-storm flood, sewer backup, fire suppression discharge, environmental contamination, and acts of war.

Control Domains

The standard evaluates an asset across eight tiers. Each tier has weighted sub-controls; the per-tier score is the sum of verified sub-control weight divided by the sum of applicable sub-control weight. The composite is the WaterScore, weighted across tiers as shown. These tiers, weights, and sub-controls are the same structure rendered on every Readiness Record.

T0 · 25%

Governance & Response Readiness

Cadence · Annual

What happens in the first sixty minutes of a leak. If this tier fails, every other tier is academic.

  • w2Written water-loss response plan on file (dated within 12 months)
  • w2Named on-call owner and named backup, both reachable after hours
  • w1Current insurer, broker, and TPA contacts in the plan
  • w2Restoration partner identified and pre-authorized
  • w1Escalation tree (who calls whom in the first 60 minutes)
  • w1After-hours / weekend / holiday coverage documented

T1 · 25%

Active Controls

Cadence · Annual

The hardware and monitoring that stops a leak from becoming a loss.

  • w2Main shutoff located, labeled, accessible, operable
  • w1Zone / riser shutoffs mapped to a current floorplan
  • w1Fixture-level stops present and functional
  • w2Automatic shutoff valve at main or high-risk zones
  • w2Leak-detection sensors: count, coverage, battery, connectivity
  • w1Active monitoring service (last alert-path test on file)

T2 · 15%

Plumbing Systems

Cadence · On age & condition

Material, age, and condition of supply, drain, and water-heating systems.

  • w2Supply-line material(s) and installed year
  • w1Drain / waste / vent material and age
  • w1Static water pressure (psi)
  • w1Pressure-reducing valve present and within spec
  • w2Water heater type, age, location, drain pan, expansion tank
  • w1Seismic strapping where code requires; recirculation condition
  • w1Open work orders and known repairs in the last 24 months

T3 · 10%

Envelope & Water Intrusion

Cadence · Biennial

The building's resistance to weather-driven water.

  • w2Roof material, installed year, visible condition
  • w1Flashing condition at penetrations, valleys, wall intersections
  • w1Gutter condition, capacity, debris load
  • w1Downspout extensions discharge ≥4–6 ft from foundation
  • w1Window and door perimeter seals; sill pan condition
  • w1Below-grade walls, basement, crawlspace moisture readings
  • w1Sump pump (if present): age, backup power, discharge path

T4 · 7%

Site & Drainage

Cadence · Biennial

How the lot moves water away from the structure.

  • w2Positive lot grade, measured fall over first 10 ft
  • w1Surface drainage paths clear; no re-grade required
  • w1Hardscape pitch (patios, walks, drives) away from structure
  • w1Irrigation backflow, controller, recent leak history
  • w1Irrigation zone proximity to foundation/slab
  • w1Tree-root proximity to laterals and main supply
  • w1Storm-sewer connection condition where applicable

T5 · 8%

Appliances & Fixtures

Cadence · Annual

Point-of-use failures that drive the long tail of claims.

  • w2Washing machine hose type, age, shutoff, drain pan
  • w1Dishwasher supply line and drain loop
  • w1Refrigerator ice-maker line material and shutoff
  • w1Toilet supply lines and fill valves; visible corrosion
  • w1HVAC condensate lines and primary pan
  • w1Secondary drain pan with float switch on attic / above-ceiling installs
  • w1Boiler / hydronic systems where present

T6 · 5%

History & Claims

Cadence · On change

What the building has already taught us about its failure modes.

  • w2Five-year loss history pulled and on file
  • w1Prior water claims with cause, payout, repair scope
  • w1Prior repairs to plumbing, roof, envelope
  • w1Open work orders / deferred maintenance flagged
  • w1Adjacent-unit / adjacent-property loss data noted

T7 · 5%

Documentation Pack

Cadence · On change

Evidence indexed and chain-of-custody, what the carrier actually receives.

  • w2Photo evidence for every Tier 1–5 line item
  • w1Shutoff location map (PDF) annotated to floorplan
  • w1Response plan (PDF) with current contacts
  • w1Restoration partner agreement on file
  • w1Serial numbers: water heater, ASV, monitoring system
  • w1Floorplan with annotated shutoffs and sensor locations
  • w1Sign-off by named assessor (date + credential reference)

Tier weights sum to 100.

Item & Tier Status Vocabulary

Every assessed item on a Readiness Record carries exactly one of four statuses. Tier rollup status is derived from the items, not entered by an assessor.

Verified
Control is in place, evidence on file, confirmed by the assessor.
In Review
Control is in place but evidence is incomplete, stale, or pending assessor confirmation. Counts in the headline as its own separate count, never folded into Open.
Open
Control gap or missing requirement. Counts as 'Open Gaps' on the headline.
Not Applicable
The control does not apply to this asset (e.g. no boiler on site). Excluded from both numerator and denominator.

Tier rollup status is one of Verified (all assessed items Verified), Partially Verified (one or more In Review, none Open), Gaps Identified (one or more Open), or Not Applicable (no applicable items).

Bands & Gate Logic

The displayed band is the citable threshold referenced in covenants and endorsements; it is a pure function of the WaterScore and the gate. Raw bands are read directly from the score; the gate caps the displayed band when a critical-tier or documentation condition is unmet.

Preferred · 90–100
Best-in-class controls, monitoring, and documentation.
Standard · 75–89
Verified controls and documentation meet the standard.
Conditional · 60–74
Core controls in place; open governance, response, or documentation items prevent a higher band.
Restricted · 0–59
Significant gaps in governance, controls, or documentation. Not yet citable.

Gate. The displayed band is capped at Conditional when (a) any item in Tier 0 (Governance & Response) or Tier 1 (Active Controls) is Open, or (b) the Tier 7 documentation pack is below the documentation gate threshold. Displayed band = min(raw band, gate cap). The raw WaterScore itself is never modified by the gate.

Verification Levels

Fathom Water v1 supports three verification levels. The level achieved is stamped on the record and is queryable in the registry.

L1 · Self-attested
Owner or operator attests to controls. Spot audits at registry discretion.
L2 · Reviewed
Fathom Readiness reviews documentation and remote evidence. Required for covenant compliance.
L3 · Third-party verified
Accredited assessor performs on-site verification. Required for highest schedule credit and reinsurance recognition.

Cadence & Exception Triggers

Records carry a defined expiry and a set of triggers that require re-verification or open an exception.

Initial verification
Within 180 days of triggering event (origination, refi, renewal, acquisition close).
Annual re-verification
At each anniversary, with delta review against prior year evidence.
Triggered re-verification
Material change of use, ownership transfer, occupancy below threshold, post-incident.
Exception SLA
High-severity exceptions remediated within 30 days; medium within 90; low within 180.

Registry Schema

Every record is recorded with a stable identifier, queryable by lender, insurer, servicer, and owner. The schema below is normative.

{
  "record_id":        "fw-2026-000123",                    // ^fw-\d{4}-\d{6}(-sample)?$
  "standard":         "Fathom Water",
  "version":          "1.0",
  "asset_id":         "string",
  "verification":     "L1" | "L2" | "L3",
  "score":            0-100,                               // raw WaterScore
  "band":             "Preferred" | "Standard" | "Conditional" | "Restricted",
  "status":           "active" | "expired" | "withdrawn",       // lifecycle, not band
  "issued_at":        "ISO-8601",
  "expires_at":       "ISO-8601",
  "open_gaps":        number,                              // count of Open items only
  "in_review":        number,                              // count of In Review items
  "issuer":           "Fathom Readiness",
  "registry_url":     "https://fathomreadiness.com/verify/<record_id>"
}

Versioning Policy

Fathom Water follows semantic versioning at the standard level. Major versions reset verification; minor versions are backward-compatible refinements; patch versions are editorial.

Major (X.0)
Breaking changes to controls, scoring, or verification. Existing records remain valid until expiry, then must re-verify to the new major.
Minor (1.X)
Additive controls or evidence requirements. Existing records remain valid; new evidence required at next re-verification.
Patch (1.0.X)
Editorial corrections. No impact on existing records.

Change Log

1.0-draft.3 · 2026-06 (patch)
Editorial: standard renamed for clarity from “Fathom-Water v1” to “Fathom Water v1” (lineage: originally circulated as EC-Water v1). No scoring, weighting, control, verification, or cadence changes. Snapshot fingerprints for records minted under the prior name remain valid; the prior name is preserved inside each existing record snapshot.
1.0-draft.3 · 2026-02
Verification levels split into L1/L2/L3. Registry schema externalized. Exception SLA tiers introduced.
1.0-draft.2 · 2025-12
Added Tenant & Unit Controls domain. Tightened vendor coverage definition.
1.0-draft.1 · 2025-10
Initial public draft circulated to design partners under MNDA.

Contact

Fathom Water v1 is in public draft. Comments, dissent, and proposed amendments are welcome from lenders, insurers, owners, counsel, and assessors. Submit a comment →

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