HACCP - hazard analysis and critical control point is one of the risk analysis tool that people in the food industry use. Done properly and by people with the right competency, it should address the points brought up in the previous posts. Depending on use and how 'critical' it is, secondary treatment may be required.
Over here, supplies from tap water is generally accepted as good because of past good records and the general practice is to test it at least once a year. However, food safety is not about meeting minimum requirements but best practices - carry out additional test if you have reason to require it (such as during periods of drought and flood or reports of spillage nearby the water source).