Last edited 26 Jan 2023

Acquisition costs

ICMS: Global Consistency in Presenting Construction Life Cycle Costs and Carbon Emissions, 3rd edition, November 2021, published by the ICMS (International Cost Management Standard) Coalition, defines acquisition costs a: ‘All payments or considerations required to acquire/lease/purchase the land, property or existing constructed asset, and all other expenses associated with the acquisition, excluding physical construction.’

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