Guidance on the ICR: Assessment and Moderation

This guidance document is a companion to the overview guidance on the Investor Confidence Rating (ICR) which explains the rationale for the ICR and its nine elements.

It sets out the detailed information requirements and assessment criteria for each element of the Investor Confidence rating.

This guidance document is aimed at those in Investment-Intensive agencies who are working on the ICR assessments and for those parties involved in the assessment or moderation processes.

This document sets out the way in which the ICR will operate from 1 August 2018. Version 6 of the guidance operates until this date.

This document is also complementary to the guidance on the Long Term Investment Plans (LTIPs).

Table of Contents

• About This Guidance
• Overview
• Assessment and Moderation Processes
• Element 1: Asset Management Maturity (AMM)
• Element 2: NZP3M Maturity
• Element 3: Long Term Investment Plan
• Element 4: Procurement Capability Index
• Element 5: Organisational Change Management Maturity
• Element 6: Benefits Delivery
• Element 7: Project Delivery
• Element 8: Asset Performance
• Element 9: System Performance
• Glossary and Acronyms
• Annex 1: Example of Scoring for Element 1: Asset Management Maturity
• Annex 2: Example of Scoring for Element 2: NZP3M Maturity
• Annex 3: Assessment Framework for Element 3: Quality of LTIP
• Annex 4: Example of Scoring for Element 5: Organisational Change Management Maturity
• Annex 5: Example of Scoring for Element 6: Benefits Delivery
• Annex 6: Example of Scoring for Element 7: Project Delivery
• Annex 7: Example of Scoring for Element 8: Asset Performance
• Annex 8: Assessment Table for Element 9: System Performance
• Annex 9: ICR Operational Expectations