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

Structure

Parent: Renewal Costs
Structure costs include:
  • Structural removal and alterations
  • Basement suspended floors (up to top of ground floor slabs)
  • Frames and slabs (above top of ground floor slabs)
  • Tanks, pools, sundries
  • Composite or prefabricated work