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Construction ratings tool shines light into developers and builders

Michael Bleby
Michael BlebyDeputy property editor

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Deicorp, Growthbuilt and North Construction and Building are among the first 19 developers and builders to get a public rating under Equifax’s iCIRT tool that aims to bring transparency about a company’s track record, character and likelihood of completing a job.

The rating tool – first outlined by the data provider and NSW Building Commissioner David Chandler in early 2020 – takes into account public and proprietary data from many sources to create a score reflecting the risks or trustworthiness of players in the construction sector.

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Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com

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    Original URL: https://www.afr.com/property/commercial/construction-ratings-tool-shines-light-into-developers-and-builders-20220531-p5aq3f