The ICMS coalition meeting held in IMF Washington DC on June 16 and 17, 2015 has successfully been concluded.

15 non-profit professional organizations in attendance have signed the coalition declaration to be part of the ICMS Coalition. This includesPICQS, AACE, AcostE, ASAQS, CECA, CEEC, CIQS, FIG, GHIS, ICEC,IET, NIQS, PAQS, RICS and SCSI.

The Coalition Declaration states that as representative bodies of the international construction profession, we commit in principle to the development and implementation ofICMS and this includes the creation, maintenance and use of high-level, international and principle-based measurement standards through a transparent and inclusive standard setting process with the goal of addressing construction measurement inconsistencies to increase public trust while supporting financial reporting and sound economic formation.

Each organization shall nominate a member to be part of the standard setting process committee and shall be selected from among several nominees by the Coalition Selection Committee. This committee shall be responsible for drafting the ICMS document. Whoever gets selected from PICQS should have a vast knowledge in the construction industry in particular as regards cost. PICQS is one of the volunteers to draft the job description/scope of the standard setting process committee members and the work plan for theICMS document. One of the leaders mentioned in that meeting that all Coalition Members will be making a difference to the world construction industry.

Each Coalition Member will also have a designated Trustee to be elected by each coalition members’ organization to represent the organization in the Coalition Members.

Attached are the group photos showing the members in attendance with the IMF logo in the background which includes RICS Global Presidents (Past and Future), PAQS Chairman and other leaders. A photo where PICQS Chair and Founder Julie Christie Marquez dela Cruz signing the Coalition Declaration is also shown. Luzviminda Villacan, PICQS KSA Chapter President also attended the meeting.