International Construction Measurement Standards (ICMS)

The International Construction Measurement Standards (ICMS) are global rules that guide how construction costs and quantities are measured and reported. They ensure consistency, transparency, and comparability across projects and countries, making it easier for owners, contractors, and investors to understand and compare construction expenses. By standardizing measurement methods, ICMS helps reduce misunderstandings, supports better decision-making, and promotes fair bidding processes in the construction industry worldwide.