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The Inter-American Development Bank (IDB), in cooperation with the
International Water Association (IWA), has developed a rating
system that assesses the performance of water and sanitation
service providers in a comprehensive way. AquaRating: An
international standard for assessing water and wastewater services
aims to provide an industry standard for utilities. The innovative
rating system seeks the improvement of the service delivered by
means of a rigorous and systematic assessment. AquaRating comprises
more than 100 assessment elements organized in eight rating areas:
Service Quality, Efficiency in the Planning and Execution of
Investments, Operating Efficiency, Business Management Efficiency,
Financial Sustainability, Access to Service, Corporate Governance,
Environmental Sustainability. Each of the assessment elements and
consecutively rating areas is assigned a rating (from 0 to 100),
which in turn are aggregated into a single rating for the utility.
Assessment elements consist of qualitative good practices and
quantitative indicators. The total compliance with practices and
achievement of the most demanding indicators levels means delivery
of an excellent service and, therefore, awards a maximum rating of
100 points. AquaRating takes into account the quality of the
information supporting the ratings results by correcting the rating
for the reliability level of such information. The rating results
are certifiable thanks to an independent audit of the supporting
information. The expected benefits of the system are manifold: *
Utilities - Identify areas of improvement, receive guidance and
monitor progress over time. - Obtain an external and credible
performance rating, which contributes to foster reputation,
accountability and acceptance by key stakeholders, gain access to
new markets and finance, and attract qualified staff. - Get access
to a knowledge and assessment framework that fosters continuous
learning. * Governments, regulators and development agencies - Use
the system to stimulate utilities to maintain or improve their
performance and to target technical assistance and finance
according to the specific opportunities for improvement identified.
* Consumers - Obtain better services in terms of access, quality,
efficiency, sustainability and transparency.
The Inter-American Development Bank (IDB), in cooperation with the
International Water Association (IWA), has developed a rating
system that assesses the performance of water and sanitation
service providers in a comprehensive way. AquaRating: Un estandar
internacional para evaluar los servicios de agua y saneamiento aims
to provide an industry standard for utilities. The innovative
rating system seeks the improvement of the service delivered by
means of a rigorous and systematic assessment. AquaRating comprises
more than 100 assessment elements organized in eight rating areas:
Service Quality, Efficiency in the Planning and Execution of
Investments, Operating Efficiency, Business Management Efficiency,
Financial Sustainability, Access to Service, Corporate Governance,
Environmental Sustainability. Each of the assessment elements and
consecutively rating areas is assigned a rating (from 0 to 100),
which in turn are aggregated into a single rating for the utility.
Assessment elements consist of qualitative good practices and
quantitative indicators. The total compliance with practices and
achievement of the most demanding indicators levels means delivery
of an excellent service and, therefore, awards a maximum rating of
100 points. AquaRating takes into account the quality of the
information supporting the ratings results by correcting the rating
for the reliability level of such information. The rating results
are certifiable thanks to an independent audit of the supporting
information. The expected benefits of the system are manifold: *
Utilities - Identify areas of improvement, receive guidance and
monitor progress over time. - Obtain an external and credible
performance rating, which contributes to foster reputation,
accountability and acceptance by key stakeholders, gain access to
new markets and finance, and attract qualified staff. - Get access
to a knowledge and assessment framework that fosters continuous
learning. * Governments, regulators and development agencies - Use
the system to stimulate utilities to maintain or improve their
performance and to target technical assistance and finance
according to the specific opportunities for improvement identified.
* Consumers - Obtain better services in terms of access, quality,
efficiency, sustainability and transparency.
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