Latest news and press releases direct from AIQS
23/11/2016 - FOR IMMEDIATE RELEASE
Global construction industry unites to enhance consistency
Launch of public consultation for ICMS, which seeks to improve consistency and reduce risk in the global construction industry
Against a backdrop of growing investment demand, construction industry leaders have joined together to establish a uniform approach to calculate costs for the world’s building and civil engineering projects.
Today, the International Construction Measurement Standards (ICMS) Coalition, a group of over 40 professional bodies established at the IMF in Washington D.C. in 2015, is calling for professionals to support the collaboration and help embed common standards at the heart of construction investment.
Overall, close to $78 trillion is expected to be spent on infrastructure globally between 2014 and 2025.* While construction is a global industry, the way construction project costs are measured varies enormously, hampering decision making and creating barriers to investment.
To tackle this problem, the ICMS Coalition is leading the creation of a universal system for measuring the cost of construction projects which will allow comparisons to be made on a like-for-like basis between countries.
AIQS chief executive officer Grant Warner said “This draft international standard presents huge opportunities for the global cost management profession. As a contributing organisation, the AIQS has worked hard to get the new standard to this point and we now need to hear from Cost Consultants, Quantity Surveyors and Civil Engineers around the world; to ensure we can enhance transparency, invest confidence and public trust in the construction sector.”
“We are seeking input from professionals and all stakeholders in the built environment to help draft this landmark standard and establish international best practice.” Said Ken Creighton, Chair of the ICMS Coalition.
Reply and have your say
All stakeholders in the construction and infrastructure sectors can comment on the draft. Reply with your comments by emailing: firstname.lastname@example.org
AIQS Supports the national construction products register
NATSPEC has received requests from Government departments and industry organisations to set up a register of construction products.
For more than 40 years NATSPEC has been trusted to provide up-to-date information to the Australian construction industry.
Between 2006 to 2012 there were increasing reports of non-conforming products entering Australia including structural steel bolts, structural plywood products, copper pipe tubing, fire collars and glass sheets. In recent years, there have been significant issues with electrical cable, combustible cladding used inappropriately, and products with asbestos. Construction products have entered the Australian market with inadequate and/or false evidence of conformance to applicable standards and regulations. This has affected the safety and construction quality of Australian buildings.
The aim of the NCPR is to help the industry mitigate risk in a cost effective way.
It is intended to provide:
- Readily available verified information on conforming construction products.
- An increased awareness and understanding of the importance of conformity, by designers, specifiers, contractors and manufacturers.
- Improved safety for the Australian public.
- A freely accessible system for consultants and contractors to determine if a proposed substitute product has evidence, checked by NATSPEC, of conformity to Australian Standards
The AIQS supports this initiative which is expected to launched before the end of the year. It will be a voluntary system freely available to the industry, assisting the construction industry and providing support to those companies that provide products that conform to recognised Australian standards.
This initiative has been supported by the following additional industry organisations including: Air Conditioning and Mechanical Contractors’ Association of Australia, Australian Institute of Building, Australian Institute of Building Surveyors, Consult Australia, Engineers Australia, Master Builders Australia and Standards Australia.
For more information on NATSPEC click here
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