International Cost Engineering Council

Name

International Cost Engineering Council

Legal name

International Cost Engineering Council

Website

https://icoste.org

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others, Technology or R&D

Pricing tiers

Distribution channels1 record

Marketing channels5 records

Core offering

ICEC is a non-profit international council that provides accreditation for cost engineering, quantity surveying, and project management certification and continuing professional development (CPD) programs, granting the ICECA post-nominal to qualified professionals. It convenes biennial World Congresses and Council Meetings as well as annual regional forums across four global regions, and serves as the umbrella body for national member associations in more than 40 countries with access to 300,000+ professionals in over 120 nations. Its commercial offering is structured as tiered annual membership subscriptions paid by national member associations.

Product overview

The International Cost Engineering Council is a non-profit membership organization (NGO with Roster Consultative Status at the United Nations Economic and Social Council) rather than a technology product company. Its core offerings consist of: (1) ICEC World Congress & Council Meeting - a biennial global congress bringing together cost engineering, quantity surveying, and project management professionals from member societies in over 40 countries with access to 300,000+ professionals; (2) Annual Regional Forums in 4 geographic regions; (3) ICEC Accreditation Program for professional certification and CPD programs in Quantity Surveying, Cost Engineering, and Project Management, allowing qualified individuals to use post-nominals ICECA; (4) Awards program including Distinguished International Fellow Award (DIF), Kenneth K. Humphreys Young Student/Practitioner Paper Award, Jan Korevaar Outstanding Paper Award, and Region & Chair Awards; (5) Rising Professionals Program for members aged 40 and under featuring mentorship and professional development.

Differentiator

Problem solved

Functional benefit

Brands

• ICEC Rising Professionals (ICEC RP): A young professional group of ICEC, which is a group of young professionals aged 40 or below with quantity surveying and cost engineering background. Formed during the ICEC-PAQS World Congress 2018 held in Sydney, Australia.

Products and services

• ICEC World Congress & Council Meeting A biennial global congress and council meeting that brings together delegates from member societies to exchange and discuss subjects of common interest in cost engineering, quantity surveying, and project management. Held in different host cities worldwide.
• ICEC Regional Forums & Meetings Annual regional meetings held in each of the 4 ICEC regions (Region 1 North/South America, Region 2 Europe/Near East, Region 3 Africa, Region 4 Asia Pacific) enabling collaboration among cost engineering and quantity surveying professionals across geographic areas.
• ICEC Accreditation Program Accreditation service for Cost Engineering, Quantity Surveying, and Project Management certification and continuing professional development (CPD) programs offered by member associations. Qualified individuals earn the post-nominals ICECA to designate their achievement.
• ICEC Distinguished International Fellow Award (DIF) A prestigious fellowship awarded at biennial ICEC World Congresses recognizing individuals who have made significant contributions to ICEC and the cost management profession. Post-nominals of DIF are granted to recipients.
• ICEC Rising Professionals Program A young professional group of ICEC for professionals aged 40 or below with quantity surveying and cost engineering backgrounds, including a Mentor-Mentee Program and various workshops and webinars.

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Chartered Institute of Building (CIOB): UK-based professional body for construction management and building surveying with global chartered membership. Comparable in serving construction-sector professionals but broader in scope; could be considered adjacent to ICEC's project management accreditation stream.
• Royal Institution of Chartered Surveyors (RICS): UK-headquartered global professional body for surveyors and built environment professionals with 130,000+ members. Overlaps with ICEC's quantity surveying constituency and accredits national QS bodies; broader in scope than ICEC, with direct individual membership.
• Project Management Institute (PMI): World's largest project management professional association with PMP certification recognized globally. Comparable to ICEC's project management accreditation stream but operates direct individual membership rather than a federation-of-associations model.
• International Federation of Consulting Engineers (FIDIC): Global federation of national associations of consulting engineers covering infrastructure project delivery. Comparable federation-of-associations structure to ICEC and overlapping on cross-border project/cost engineering topics, though engineering-design-focused rather than cost-focused.

Regional players

• Australian Institute of Quantity Surveyors (AIQS): Australia-based national professional body for quantity surveyors and an ICEC member society. Operates QS certification that ICEC accredits; serves as a primary member-society node in ICEC's federation and an analogous national-association model.
• Pacific Association of Quantity Surveyors (PAQS): Regional federation of Asia-Pacific quantity surveying institutes, jointly organizing the ICEC-PAQS World Congress. Direct overlap with ICEC's quantity surveying constituency in the Asia-Pacific region; functions as a regional counterpart to ICEC's global scope.
• European Association of Quantity Surveyors (EAQS) / CEEC: Regional groupings of European cost engineering and quantity surveying associations. Function as a regional complement to ICEC's global remit in Europe and the Near East (ICEC Region 2), with overlapping membership institutions.

Direct peers

• International Project Management Association (IPMA): Global federation of national project management associations operating a 4-level certification system (Levels A-D). ICEC explicitly accredits IPMA-aligned certification programs, making IPMA the closest direct peer in ICEC's project management accreditation portfolio.
• AACE International (Association for the Advancement of Cost Engineering): US-based technical association focused on cost engineering, cost estimating, and project controls with its own certification credentials (CCP, CEP, PSP). Directly comparable to ICEC in cost engineering scope, though more US-centric and certification-product-oriented than ICEC's federation model.

Emerging players

• International Cost Estimating and Analysis Association (ICEAA): US-origin professional society focused on cost estimating and analysis across defense, government, and industry. Overlaps with ICEC's cost engineering remit but narrower in geographic and sectoral scope.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/ICECRP
• LinkedInlinkedin.com/company/international-cost-engineering-council
• Instagraminstagram.com/icec_rp

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about International Cost Engineering Council