(Adopted by the ICEC Executive, 21 July 2000)

Cost engineering, quantity surveying, and project management, are important and learned professions. Members of these professions are expected to exhibit the highest standards of honesty and integrity. The services provided by cost engineers, quantity surveyors, and project managers require honesty, impartiality, fairness and equity, and must be dedicated to the protection of the public health, safety, and welfare. All members of these professions must perform under a standard of professional behavior that requires adherence to the highest principles of ethical conduct.

Cost engineers, quantity surveyors, and project managers, in the fulfillment of their professional duties, shall:

1. Hold paramount the safety, health and welfare of the public;
2. Perform services only in areas of their competence;
3. Issue public statements only in an objective and truthful manner;
4. Act for each employer or client as faithful agents or trustees;
5. Avoid deceptive acts; and
6. Conduct themselves honorably, responsibly, ethically, and lawfully so as to enhance the honor, reputation, and usefulness of their professions.

*Adapted from the "Preamble" and "Fundamental Canons" of the "Code of Ethics for Engineers" and reprinted by permission of the National Society of Professional Engineers.