The production of reference materials (RMs) is a key activity for the improvement and maintenance of a worldwide coherent measurement system. As detailed in ISO Guide 33, RMs with different characteristics are used in measurements, such as calibration, quality control and method validation, as well as for the assignment of values to other materials. Currently, ISO Guide 35 is in its third edition after it was revised in 2006. The Guide was developed to support best practices in the value assignment to specified properties of Certified Reference Materials (CRMs). This Guide gives general guidance and explains concepts to assist the understanding and development of valid methods to assign values to the properties of a reference material, including the evaluation of their associated measurement uncertainties, and the establishment of their metrological traceability. From the outcome of a systematic review of ISO Guide 35 among the members of ISO/REMCO, the ISO Committee on Reference Materials, it followed that there is a need for revising the current edition of ISO Guide 35. The mandate for the revision is focused on editorial updates to explain the concepts in more detail. It is not envisaged that major technical changes will be introduced. This paper explains the approach and rationale for the revision of ISO Guide 35 and invites comments from the users of the current edition of ISO Guide 35.