2.6 TICCS® Governance

TICCS® Governance

TICCS® is the object of annual consultations to ensure that it continues to accurately and faithfully represent and integrate the various categories of the asset class.

TICCS® is governed by two bodies:

• The TICCS® Review Committee reviews the findings of annual consultations once a year and makes recommendations to the TICCS® Management Committee for the evolution of the standard.

• The TICCS® Management Committee conducts the annual consultations and implements the recommendations of the Review Committee.

Biennial TICCS® Consultation

The Management Committee organises annual consultations on TICCS®, directly inviting a large group of professionals active in the infrastructure investment sector and making the consultation accessible online.

The Management Committee Secretary sends the results of each consultation to the Review Committee within two weeks of its closing date.

The Chairman of the TICCS® Review Committee then convenes one or several sessions as is necessary within two months of receiving the findings. Once the consultation findings have been reviewed, the Review Committee Secretary sends the committee’s recommendations to the Management Committee’s Secretary.

At the end of each consultation, Scientific Infra & Private Assets takes the Review Committee’s recommendations into account and publishes a new version of TICCS®.

The 2022 Consultation took place from June 2021 to January 2022 and led to the Review Committee's feedback report in April 2022.