Readiness Score: a 0–100 score with letter grade (A–F) that measures how complete, consistent, and well-documented an asset's maintenance history is—calculated from signed events in the passport.
Key Takeaways
- 1Readiness Scores grade documentation quality, not maintenance quality
- 2Five dimensions: Coverage, Continuity, Evidence, Consistency, Signatures
- 3Grade A (90+) = deal-ready; Grade C (70-79) = fair; Grade F (<60) = significant gaps
- 4Issues are actionable: each one tells you exactly what to fix
- 5Different from Risk Flags: readiness measures completeness, flags detect anomalies
Why documentation completeness matters
Good maintenance doesn't help your valuation if you can't prove it. Every gap in your records, every missing photo, every unexplained service interval creates friction during due diligence.
Readiness Scores answer a simple question: "Is my documentation deal-ready?" Instead of discovering gaps when a buyer's inspector asks uncomfortable questions, you know upfront what needs attention.
Fix before you list
Owners who review their Readiness Score before listing can address gaps proactively. Adding a few missing service records or evidence files can move you from Grade C to Grade A—and remove negotiation friction.
The five dimensions
Readiness Scores evaluate your documentation across five weighted dimensions. Each dimension contributes to the total score based on its importance to verifiers:
Coverage (30%)
Are expected maintenance categories present? For aircraft: inspections, engine maintenance, component replacements. For heavy equipment: PM intervals, hydraulics, undercarriage. Missing categories reduce this score.
Continuity (25%)
Is the maintenance timeline continuous? Large unexplained gaps between events raise questions. The system checks for expected service intervals based on asset type and flags timeline holes.
Evidence (20%)
Do events have supporting documents? Work orders, inspection forms, photos, and receipts strengthen each event. Events without evidence weaken this dimension.
Consistency (15%)
Do meter readings make sense? The system checks that hours and miles progress logically across events, without impossible jumps or unexplained decreases.
Signatures (10%)
What percentage of events are cryptographically signed? Signed events are verifiable; unsigned legacy imports are noted but contribute less to trust.
Each dimension produces a 0–100 sub-score. The weighted combination becomes your total Readiness Score.
Grade scale
Letter grades translate scores into actionable guidance:
| Aspect | Grade | What it means |
|---|---|---|
| A (90-100) | Deal-ready | Comprehensive documentation with strong evidence. Ready for due diligence. |
| B (80-89) | Good | Minor gaps or missing evidence. Most buyers will be satisfied. |
| C (70-79) | Fair | Notable gaps that may raise questions. Consider addressing before listing. |
| D (60-69) | Needs work | Significant documentation gaps. Expect buyer scrutiny and potential discounts. |
| F (<60) | Not ready | Major gaps or inconsistencies. Address before sharing with counterparties. |
Context matters
Grade expectations vary by asset type and transaction. A Grade B might be excellent for a 20-year-old piece of equipment with limited early records. A Grade C on a 3-year-old aircraft raises more questions.
Sample readiness report
Here's what a Grade C readiness report looks like—good enough for some purposes, but with clear areas for improvement:
CAT 320 Excavator
SN: CAT0320GC12345
Fair
Issues detected (3)
Timeline gap
No events between Mar 2023 and Sep 2023 (6 months)
Missing evidence
4 PM events have no attached work orders
Missing category
No undercarriage inspection events found
Each issue links to specific events (or missing events), making it clear exactly what to address.
Readiness vs Risk Flags
Readiness Scores and Risk Flags serve different purposes:
| Aspect | Readiness Score | Risk Flags |
|---|---|---|
| Purpose | Grades documentation completeness | Detects data anomalies and integrity issues |
| Question | "Is this well-documented?" | "Is something wrong with this data?" |
| Examples | Missing categories, timeline gaps, no evidence | Meter rollback, impossible jumps, tampered files |
| Typical use | Pre-listing preparation by owners | Due diligence by buyers/verifiers |
| Fixable? | Usually yes—add records, attach evidence | Sometimes—depends on underlying data issue |
A passport can have a high Readiness Score (well-documented) but still have Risk Flags (one event shows a meter decrease). Conversely, a passport might be flag-free but have a low Readiness Score (consistent data, just incomplete).
Both matter
Smart sellers maximize Readiness Score before listing. Smart buyers check Risk Flags during diligence. Both perspectives contribute to informed decisions.
Improving your score
Most Readiness issues are fixable. Here's how to move up a grade:
Review the issue list
Each issue identifies exactly what's missing or incomplete. Start with HIGH severity issues that have the biggest score impact.
Add missing events
Gap in the timeline? Add the service records from that period. Even importing legacy PDFs is better than nothing.
Attach evidence
Events without documentation? Upload work orders, inspection forms, or photos. Evidence strengthens both Coverage and Evidence dimensions.
Verify meter readings
Consistency issues often come from data entry errors. Correct any obvious mistakes in meter readings.
Re-generate your pack
After fixes, create a new passport pack. The Readiness Score updates automatically based on improved data.
Grade jumps are common
It's not unusual to move from Grade C to Grade A by adding a few missing service records and attaching evidence to key events. The system tells you exactly what's missing.
Asset-specific expectations
Readiness scoring adapts to asset type. What counts as "expected coverage" differs for a Gulfstream vs. a Caterpillar excavator:
Aircraft
Expects annual inspections, engine events, AD compliance, component tracking. Aviation-specific intervals and categories.
Heavy equipment
Expects PM intervals, hydraulic service, undercarriage, engine service. Construction-specific maintenance patterns.
Marine vessels
Expects hull inspections, engine service, safety equipment checks. Maritime maintenance standards.
Vehicles / fleet
Expects oil changes, tire service, brake inspections, DOT compliance. Standard automotive intervals.
The scoring engine knows what maintenance categories matter for each asset type, so your score reflects industry-appropriate expectations.
When verifiers see your score
Readiness Scores appear in passport packs shared with verifiers. They see:
Score and grade
The overall readiness rating prominently displayed.
Dimension breakdown
How the asset performs on each of the five dimensions.
Issue summary
What gaps or problems exist (without recommendations).
Context for decisions
Objective data to inform their evaluation.
Verifiers don't see improvement recommendations—those are for owners. They see an objective assessment that informs their due diligence.
Learn more
Ready to see your assets' Readiness Scores?
For asset owners
See how Readiness Scores fit into passport pack creation and pre-listing preparation.
Owners & OperatorsUnderstanding Risk Flags
Learn about the complementary system that detects data anomalies and integrity issues.
Risk Flags explained