Consultation for ICMS 2nd Edition
The International Construction Measurement Standards Coalition are seeking feedback on the second edition of ICMS, which incorporates life cycle costs.
The first edition of ICMS focused on creating a standard for capital cost reporting. The second edition builds upon this by creating a cost classification for renewal, operation and maintenance – all components which have a direct impact on facility management. The second edition of ICMS will better connect facility management and early investment and construction cost decisions.
ICMS 2 Consultation Draft (1992 KB)
The consultation closes on 22 March 2019.