jpranch
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This might help a bit? As far as the code hearings go and especially the annual business meeting they are amazingly expensive. I know because I get to see the numbers. I will not release exact numbers but will tell you we are talking at least 6 digits to the left of the decimal point and depending on the location a little more. All of these events are planned a minimum of 3 years out as well as all the contracts. The convention centers are by no means cheap. Talk about costs, look around the hearing room at the electronics and the number of people that are needed to pull the whole thing off. Some are ICC employees and many others contracted vendors. Heck, it takes a minimum of 2 to 3 days just to get the whole thing up and running. ICC covers the cost of getting code official committee members, moderators, and staff to and from the hearings as well as hotel, meals, and other reasonable expenses. Industry has to pay their own way. You think the water coolers in the hearing room are free? Guess again. Then there is CDP Access. That software platform cost more than you can imagine as it was developed, maintained, and owned exclusively by ICC. Good Lord, I could go on and on about all the associated expenses but I'm sure you all get the picture.
Now the codes and the revenue they generate. So, are there profit in codes? Yes. Big profits??? Not on your life. The amount of revenue from codes in percentage relative to all the revenue that the code council takes in has been declining for years. Part of the reason is the cost of goods and services sold that always seems to rise. Another factor to consider is that the code council has diversified its revenue stream in order to support our core mission. Codes & Standards. This was done by senior staff and the board of directors in a well (well pretty well) made plan knowing that perhaps someday there might not be any profit at all from codes not to mention the internet pirates that steal intellectual property. Btw, the last statement, please don't go there as that's a whole other issue and a conservation that I cannot and will not get into. Thanks in advance.
So there is just a small view or sample from the world and view that I'm privileged to play a small part in. Last thought, is the code council perfect? Heck no! If it was I sure as heck would not be on the board! Lol! Are we core mission and membership focused. I can honestly say a resounding yes to that and sleep in good conscience every night. So there you have it folks. Please feel free to take me to task anytime and be sure to have fun at my expense!
Now the codes and the revenue they generate. So, are there profit in codes? Yes. Big profits??? Not on your life. The amount of revenue from codes in percentage relative to all the revenue that the code council takes in has been declining for years. Part of the reason is the cost of goods and services sold that always seems to rise. Another factor to consider is that the code council has diversified its revenue stream in order to support our core mission. Codes & Standards. This was done by senior staff and the board of directors in a well (well pretty well) made plan knowing that perhaps someday there might not be any profit at all from codes not to mention the internet pirates that steal intellectual property. Btw, the last statement, please don't go there as that's a whole other issue and a conservation that I cannot and will not get into. Thanks in advance.
So there is just a small view or sample from the world and view that I'm privileged to play a small part in. Last thought, is the code council perfect? Heck no! If it was I sure as heck would not be on the board! Lol! Are we core mission and membership focused. I can honestly say a resounding yes to that and sleep in good conscience every night. So there you have it folks. Please feel free to take me to task anytime and be sure to have fun at my expense!