ICMS Cost definitions

Cost categories

Costs are categorised into four levels as follows:

  • level 1: project or subproject
  • level 2: cost categories
  • level 3: cost groups
  • level 4: cost sub-groups

Risk Allowances

Parent: Construction Costs
Risk Allowances costs include:
  • Design development allowance
  • Construction contingencies
  • Price level adjustments
  • Exchange rate fluctuation adjustments