I agree the discussion can be a bit confusing, but since your simulations all (presumably) use computers, you are safe with the IAO versions of ICE, etc. The stuff in the ICBO 2015 paper is primarily to deal with aboutness that depends on a non-continuant, most importantly on some mental process (like observing or measuring). Those are cognitive representations (MFO_0000031).
So long as your representations are dependent on a continuant (like a disk, cpu or other computer hardware), you are fine sticking with information artifacts.
With regard to the quality portion of your question, it was first (to my knowledge) introduced in the military IAO paper (
http://ontology.buffalo.edu/smith/articles/STIDS-2013.pdf see especially table 2), where the idea is that the information quality is the aspect of the information artifact that bears the information, for example, the layout of pixels on a screen, or the shape of the pen marks on a paper. I would doubt you need to worry about such qualities for physics based simulation in engineering. Such qualities became a concern when trying to figure out how a (mental) process could be about something.
> My intuition was that representation is a generically dependent continuant (and not quality), much like an information content entity, except that the former just needs to be intended to be about something (i.e., it may refer to incorrect or non-existent things in reality).
An MF:representation (MFO_0000030) and an IAO:information content entity ((IAO_0000030) are both generically dependent continuants that are about a portion of reality. The difference is that MF:representations do not have to depend on continuants, they can depend on occurrents as well.
A representation in a computer, is dependent on the computer, so is safely modeled as an IAO information content entity (IAO_0000030). Depending on what kind of representation, it might fall into a defined subclass (e.g. a script is directive information entity, IAO_0000033).
Hope this helps,
Larry