Paldex,
I have not used B31.4 as design code basis for RTRP/FRP Pipes. Most widely used code is ISO14692 and/or UKOOA. If your clients insist on using ASME codes, you can refer to ASME CASE N-155-2, this is the closest you can get which is basically referenced from Nuclear standards. As per my own experience, non-metal pipe displays no yield point, mostly we use the same allowables for occasional conditions. As per stress allowables, you need to ask your vendor to provide Hydrostatic Design Test ASTM D2992 Procedure A, and Procedure B (LTHS, LCL). And after that, you need to do some reading and research.
Cheers & Goodluck!