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

Taxes and Levies

Parent: Maintenance Costs

Taxes and Levies costs include:

• Paid by the Constructor
• Paid by the Client in relation to the construction contract payments