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Home RMAF |
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Risk Management helps to identify safety and health hazards at workplaces and to take appropriate actions to eliminate or reduce the risks associated with these hazards. It is a systematic approach to help workplaces reduce risks at source.
Under the Workplace Safety and Health (Risk Management) Regulations, all workplaces are required to implement comprehensive risk assessment (RA) for work processes, with detailed plans to reduce or minimise workplace safety and health risks at source, where reasonably practicable.
Recognising that Small and Medium Enterprises (SMEs) may lack capabilities or resources to implement risk management, MOM had set up a $5 million Risk Management Assistance Fund (RMAF) to co-fund the cost of engaging consultants and training to build in-house capability.
As of July 2007, on the recommendations of the Workplace Safety and Health Advisory Committee, MOM has topped up a further $8 million to the Fund (i.e. $2 million per annum over the next 4 years).
The RMAF co-funds up to 70% of the consultancy cost, capped at $3,500 per company.
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Companies covered under the Workplace Safety and Health Act, listed in the First Schedule, with 200 or less employees (including administrative and managerial staffs) are eligible. In addition, the following sectors covered by the Workplace Safety and Health Act in March 2008, can also apply for funding:
- Water supply, sewerage and waste management (SSIC* code: E41,42,43)
- Services allied to transport of goods (SSIC code: H55521, 55522, 55523, 55524, 55529)
- Hotels and restaurants (SSIC: J581, 582)
- Veterinary activities (SSIC code: N76300)
- Landscape care and maintenance service activities (SSIC code: O78420)
- Healthcare activities (SSIC code: Q85)
* SSIC - Singapore Standard Industrial Classification
The SME must not have received any government funding for risk assessment previously.
At least one of its managerial or supervisory staff must have completed a recognised Risk Management Course (RMC) conducted by an Accredited Training Provider (ATP).
At least one of the CEO or top management must attend a workshop on Risk and Safety Management (bizSAFE) conducted by an ATP.
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Interested SMEs can approach any of the following MOM-appointed RMAF agents.
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| Association of Aerospace Industries (Singapore) |
6787 5227 |
| Association of Singapore Marine Industries |
6872 0030 |
| EDC@ASME |
6513 0388 |
| EDC@SCCCI |
6337 8381 |
| EDC@SMa |
6826 3020 |
| Singapore Business Federation |
6827 6828 |
| Singapore Contractors Association Limited |
6278 9577 |
| Singapore Indian Chamber of Commerce & Industry |
6222 2855 |
| Singapore Malay Chamber of Commerce & Industry |
6297 9296 |
| Singapore National Employers Federation |
6827 6827 |
| Specialists Trade Alliance of Singapore |
6273 2266 |
| The Institution of Engineers, Singapore |
6227 0306 |
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The agent will assist the company in its RMAF application. Applications must be submitted to MOM through the agent before the commencement of the risk management project.
Applications that meet the RMAF criteria will be approved, subject to the availability of funds, up to the point when the $2 million for the year is fully committed or when the year ends, whichever comes first.
Note: The RMAF does not cover the implementation cost of hazard control solutions or risk reduction measures. |
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