London, U.K. – October 19, 2020  buildingSMART International has joined the International Construction Measurement Standards (ICMS) coalition to develop and implement international standards for benchmarking, measuring and reporting construction project cost

Since publication of the first edition in July 2017, the International Construction Measurement Standards (ICMS) have provided a single methodology for reporting, grouping and classifying construction project costs. The ICMS coalition is supported by The Royal Institution of Chartered Surveyors (RICS) amongst others.

As part of the broadening of partnerships for buildingSMART International, this agreement provides mutual expertise across the two organisations. buildingSMART continue to develop solutions and standards for the built asset industry through the three core programs and it’s growing community.

“This is a classic Win-Win opportunity, by ensuring buildingSMART Standards work effectively with those of the ICMS we are extending the functionality available through the buildingSMART’s standards and extending the availability of the ICMS. We are delighted to be teaming up with the ICMS coalition and foresee significant benefits for both communities and users at large”, said Richard Petrie, Chief Executive, buildingSMART International

About buildingSMART International

buildingSMART International is a vendor-neutral and not for profit body that leads the development of open digital information flows across the built asset industry. Its mission is to proactively support industry participants who want to develop open standards for planning, design, procurement, assembly and operation of buildings and infrastructure worldwide. It provides the international network plus the necessary technical and process support. Its members, who range from across the built environment spectrum, collaborate under the buildingSMART organization. buildingSMART is engaged with other international standards bodies such as ISO, the European Committee for Standardisation (CEN) and the Open Geospatial Consortium (OGC). Its core Industry Foundation Class (IFC) standards achieved ISO approval in 2012.

Press Contact:
buildingSMART International
aidan.mercer@buildingsmart.org
Aidan Mercer, +44 7181-304-3435