iCIRT Rating for NSW Developers and Builders

Q: What is an iCIRT Rating?

As stated by the NSW Government building comission: the Independent Construction Industry Rating Tool (iCIRT) is an industry-led market surveillance tool using a star-rating methodology , allowing consumers to choose building professionals with confidence.

Q: Is iCIRT mandatory in NSW?

Not yet. However, the NSW Building Commissioner and regulators have strongly endorsed iCIRT as the industry standard. Developers and builders who get rated now will be better positioned if legislation follows.

Q: Who issues an iCIRT Rating?

iCIRT is provided by Equifax, a global ratings agency well-known for its credit assessment services used by insurers, financiers and public agencies.

Q: Who can get an iCIRT Rating?

As stated by the NSW Government building commission: iCIRT ratings are available to evaluate home builders, property developers and other building professionals like certifiers, designers, architects, engineers, consultants, project and development managers.

Q: How does iCIRT help me win projects?

Banks, insurers, and even government clients prefer working with rated businesses. Having an iCIRT rating builds confidence and helps you win financing and contracts.

Q: What are the steps to getting iCIRT Rated?

The iCIRT Submission process is: Contact iCIRT Make an order and pay Info is provided to iCIRT then assessment is done iCIRT rating report is then delivered to you

Q: How long does it take to get iCIRT rated?

The process can take several months, depending on how prepared you are. That’s why it’s important to start early.

Q: Is the iCIRT process complex?

It requires detailed documentation and evidence. That’s where iCIRT Advisory helps! We make sure you’re ready before you apply.

Q: When should I get my iCIRT Rating?

Give your customers trust and confidence Promote your iCIRT Rating for your brand or to new opportunities.

Q: How can I check my iCIRT Rating

Visit the iCIRT registry to check your iCIRT rating at any time https://register.icirt.com/registry

Stand out with trust, credibility and financial backing...before it becomes mandated.

Book Your Free iCIRT Readiness Consultation

Why iCIRT
Ratings Matter
in NSW

In NSW, the Office of the Building Commissioner has made it clear: trust and transparency are now at the heart of the construction industry. The Design & Building Practitioners Act 2020 set a new benchmark, and iCIRT has become the trusted rating system helping developers and builders demonstrate credibility.

Unlike the ACT, iCIRT is not yet legislated in NSW. But the reality is clear. Banks, investors, and buyers are already looking for the iCIRT trust mark. Leading developers and builders are getting rated now to:

Secure finance and insurance approvals more easily
Win work with government and institutional clients
Build trust with buyers in a competitive market
Get ahead of likely future regulation

Completed residential tower at sunset in Sydney, representing success for iCIRT-rated NSW developers and builders.

3.icirt-advisory-equifax-nsw-trust-rating

What is iCIRT?

iCIRT (Independent Construction Industry Rating Tool) by Equifax is an independent star-rating system that assesses a developer’s or builder’s capability, financial stability, and track record.

An iCIRT star rating provides an independent mark of trust that helps buyers, banks, and partners identify who they can rely on to deliver projects successfully.

Benefits of Getting in Early

Don't wait until everyone else is scrambling. Smart developers are getting their iCIRT ratings now.

Faster Access to Finance

Banks and insurers increasingly favour rated businesses.

Credibility with Buyers

Demonstrate independence and transparency in a crowded market.

Competitive Edge

Demonstrate credibility and professionalism to buyers, investors, and development partners

Stronger Partnerships

Government, institutional investors, andJV partners are starting to preference iCIRT-rated companies.

Tax-Deductible Ratings Cost

The iCIRT rating process is generally treated as a tax-deductible business expense.

Don't Wait Until It's Too Late

Book Your Free iCIRT Readiness Consultation

Research shows the competitive advantage:
Why iCIRT-Rated companies perform better >

Why NSW Developers,
Builders & Consultants
Should Act Now

You don’t need to wait until regulation catches up. Forward-thinking businesses are already using iCIRT to strengthen their reputation and gain a market edge.

Missed Projects and Finance

Risk missing out on projects and finance, being overlooked by lenders and partners who prefer rated companies.

Lost Buyer Confidence

Differentiate yourself in a crowded NSW market.

Playing Catch-Up

Once demand spikes or regulation is introduced, unprepared businesses face rushed, costly rating processes.

Reputation Risk

Being unrated may raise doubts about transparency or financial stability.

The Bottom Line

iCIRT is fast becoming the trust mark of the property and construction industry in NSW. Even without legislation, financiers, buyers, and partners are paying attention. Getting rated now positions your business as a leader and proves you have the financial stability, capability, and governance to deliver.

Early adopters won’t just comply with future expectations, they’ll shape the market and win the best opportunities first.

What-Do-2-3-and-4-Stars-Really-Mean-b_icirtadvisory.com_.au_

How iCIRT Advisory Helps

We map your strengths to iCIRT’s “Six C’s” framework and guide you through the process, so you get it right the first time.

1. Character

Documents professional integrity and compliance history.

2. Capability

Showcase skills, project delivery, and experience.

3. Conduct

Ensure practices and standards align with regulation.

4. Capacity

Demonstrate resources to deliver projects on time.

5. Capital

Present financial strength and funding arrangements.

6. Counterparties

Shows strong relationships with suppliers and partners.

Book Your Free iCIRT Readiness Consultation

Get expert guidance on your path to iCIRT compliance. Our consultation includes a preliminary assessment and roadmap tailored to your organisation.

Let's Chat

Contact

Phone
Due to the high volume of calls, we are only taking online enquiries

Email
info@icirtadvisory.com.au

What to Expect

30-minute consultation call within 24 hours
Preliminary assessment of your readiness
Customised roadmap for your projects
Clear next steps and timeline

Frequently Asked Questions

Get the answers to the most common questions about the new Property developers licensing scheme, iCIRT readiness, and our advisory services.

iCIRT Advisory FAQs

What is an iCIRT Rating?

Is iCIRT mandatory in NSW?

Who issues an iCIRT Rating?

Who can get an iCIRT Rating?

How does iCIRT help me win projects?

What are the steps to getting iCIRT Rated?

How long does it take to get iCIRT rated?

Is the iCIRT process complex?

When should I get my iCIRT Rating?

How can I check my iCIRT Rating

What does iCIRT stand for?

Ready to get started?

Our team will guide you step-by-step to iCIRT readiness.

Book Your Free iCIRT Readiness Consultation

iCIRT Advisory

Australia’s first advisory dedicated to helping builders, developers, and consultants get iCIRT rating-ready.

We are a passionate Australian based company that aims to help increase the speed at which builders and developers get iCIRT Rated for the overall good of the Construction Industry.