Standards consultations

Through the RICS online consultations platform, iConsult, members and others are invited to contribute to the development of professional guidance and information.

Participants are invited to review and comment on each draft standard, no matter the area of specialism, within the allotted time frame (usually about four weeks). No restrictions are placed on the number of comments an individual can make, and the process is simple and free.

Current RICS standards consultations

Consult copyright notice
In using the iConsult web-space, you agree to license RICS and its group of companies to reproduce, in any format and at any place worldwide, the contents of any posted material for any business purpose in perpetuity.

Commenting effectively
When commenting on this RICS consultation draft, please make sure you:

• Comment only on the individual section to which your comment refers, rather than inserting all comments into one section. As responses are collated through an automated system, this will help us to present all comments to the working group in chronological order
• Avoid leaving comments that do not reflect a point of view (e.g.  inserting 'okay' across a number of sections)
• Keep comments as brief and to the point as possible.

If you require further assistance or information, please contact consultations@rics.org.

RICS Americas guidance note 1: Application of RICS Valuation - Professional Standards (the 'Red Book') in the United States

This draft guidance note provides assistance to RICS members on the application of the RICS Valuation - Professional Standards (the 'Red Book') to valuations that have to be provided in compliance with US jurisdiction.

This consultation closes on 23 May 2012.

RICS facilities management positioning paper

This paper is designed as an introduction to RICS and facilities management (FM) including the RICS facilities management standards suite (FMS). The suite of standards sets out the approach to FM which, if followed, will give chartered FM surveyors the added value that host organisations are looking for when entering into an FM relationship.

This consultation closes on 24 May 2012.

RICS facilities management standards - core principles

Part of the RICS facilities management suite (FMS), this draft guidance note comprises high level core principles which should underpin all activities undertaken by FM surveyors within whichever country they practice.

This consultation closes on 24 May 2012.

The strategic role of facilities management in business performance, 3rd edition

Part of the RICS facilities management standards suite (FMS), this draft guidance note is designed to support chartered FM surveyors in delivering value-driven services. This draft guidance note has global application.

This consultation closes on 24 May 2012.

Urban regeneration and JESSICA funds

This consultation draft provides further information on the JESSICA (Joint European Support for Sustainable Investment in City Areas) initiative that has been established to create an alternative source of funding to enable and promote urban regeneration projects in the European Union.

This consultation closes on 29 May 2012. 

Valuation of intangible assets

This draft guidance note relates to the valuation of intangible assets, such as: goodwill, marketing related assets, customer or supplier related assets, artistic related assets and technology related assets among others.  It has global application and is intended to comply with the requirements of International Valuation Standard (IVS) 210 Intangible Assets.

This consultation closes on 13 June 2012. 

Valuation of businesses and business interests

This consultation draft relates to the valuation of entire businesses: companies, sole traders and partnerships (including LLPs), together with partial interests such as company stocks, shares and partnership interests but does not deal with intangible assets which is the subject of a separate guidance note. It has global application and complies with the requirements of International Valuation Standard (IVS) 200 Businesses and Business Interests.

This consultation closes on 13 June 2012.

Developing a building procurement strategy and selecting an appropriate procurement route

This draft guidance note discusses building procurement routes and the development of a procurement strategy. It aims to help the professional choose an appropriate route by setting out the various possibilities, with their advantages and disadvantages, and by indicating the factors that should be used in the decision-making process.

This consultation closes on 13 June 2012.