The NSW Government has announced a collaboration with KPMG to develop a construction assurance tool to help determine quality and trustworthiness of NSW residential buildings.

The Building Assurance Solution (BAS) will bring together the products and designs certificates of compliance for each building to create a digital DNA that will establish a trustworthy rating for individual buildings, so they can be compared like-for-like.

The tool aims to allow insurers to easily compare buildings so they can better price insurance for buildings and the practitioners who design and construct them.

The BAS tool will be implemented as part of the NSW Project Remediate program to create a single source of truth for replacement façade systems. Concurrently, KPMG will work with private sector companies to demonstrate the application of the BAS tool to their new projects.

More information here