Infinity Constructions is proud to announce that for the second consecutive year, we have achieved a standout 4.5-Star Gold iCIRT rating in the NSW Gold Star Rating Program, awarded by Equifax in August 2024. This is an improvement on last year’s 4.2-star rating and highlights our continuous commitment to delivering excellence, quality, and accountability in construction.
The Independent Construction Industry Rating Tool (iCIRT), administered by Equifax, is a stringent program that evaluates construction companies on a scale from 1 to 5 stars, with a 5-Star rating representing the highest mark of distinction. The program evaluates companies across essential factors like quality, risk management, governance, financial stability, and adherence to industry best practices. This Gold Star rating system helps set an industry standard, allowing our clients and other stakeholders to identify companies that prioritize safety, quality, and transparency in all our operations.
A high iCIRT rating is a testament to a company’s dedication to building safe, reliable, and high-quality projects. Ratings of 4 stars and above signify robust governance, strong risk management, and financial stability—all vital components in maintaining project integrity. These independent, verified ratings provide clients and regulators with a benchmark of trust, transparency, and industry-leading standards, enabling informed decisions and promoting continuous improvement within the sector.
“Infinity Constructions has consistently delivered exceptional, high-quality developments for our clients. This 4.5-star rating underscores our dedication to excellence in risk management and governance, and we’re pleased to have our efforts recognized through such a rigorous, independent assessment.” – Group General Manager Tom Silk
As the NSW Government heightens its focus on lifting construction standards, Infinity Constructions is proud to be part of the iCIRT program, reinforcing transparency, trust, and consumer confidence in the industry. As a leading construction company, we are committed to maintaining these high standards, continually setting benchmarks for quality, and contributing to the development of safe, impactful projects for our communities.
It is an Independent Construction Industry Rating Tool (iCIRT). This industry-led market surveillance tool uses a star-rating methodology to allow clients to choose their building professionals with confidence.
iCIRT was developed to provide a way to select top-rated professionals based on unbiased and independent information about their capability, integrity, and reputation.
iCIRT gives building professionals a rating of between 0 and 5 stars. The more stars, the more confidence you can have with your building professional.
iCIRT was established to help build confidence in the construction industry and much needed transparency and visibility of operators.
Created by Equifax, iCIRT is an Independent Construction Industry Rating Tool to assess development and construction professionals and their projects.
The digital rating tool is a new initiative driven by the NSW Building Commissioner to improve transparency within the building industry. The improved visibility forms part of the NSW Governments multi-pillar reform program to restore confidence in the building industry.
iCIRT gives development and construction professionals a rating between zero and five stars to help identify building professionals with a proven track record. Building professionals undergo an independent rigorous review process that analyses the company’s data along with the quality of their developments across six core categories:
- Character
- Capability
- Conduct
- Capacity
- Capital
- Counterparties
Information from a company is gathered from thousands of data points and then reviewed across these six categories to form an iCIRT rating.
“A robust data-driven assessment connects the dots within ownership structures, associated parties and key trading partners, leveraging a wide range of commercial, financial, legal, regulatory, government and other data sources” according to Equifax.
Alongside the building professional’s iCIRT rating will be a gold, silver or bronze star indicator. This indicates the degree of information the developer or construction professional provided to Equifax. Limited consent will be flagged as ‘Bronze’, while full consent will be ‘Gold’.
Infinity Constructions recently received a 4.5 star Gold iCIRT rating from Equifax.
A rating of 4 stars is defined by Equifax as being “Gold Standard where our clients can have high confidence of a reliable outcome with a low level of risk”.
For our clients outside of NSW, this rating is of equal significance in your State as it indicates the strength and stability of Infinity no matter where we build.
iCIRT is currently a voluntary certification program, however, may become mandatory. Currently, iCIRT rates only applies to builders, developers, and certifiers of class 2 buildings it is likely that the program will be expanded into other residential developments.
Yes, iCIRT star ratings are an annual assessment. The most recent iCIRT rating for Infinity Constructions was in October 2024.