May 4, 2020
What is an Infrastructure Contributions Plan?
An Infrastructure Contributions Plan (ICP) is a simplified system for funding basic and essential local infrastructure required for a new community.
An ICP ensures that developers within a new precinct contribute to the cost of providing new intersections, local open space and community facilities.
An ICP may be made of one or two parts: a standard levy and/or a supplementary levy. The standard levy is a pre-set rate that may be used to fund transport, community and recreation infrastructure and public land provision. In particular circumstances, a supplementary levy may also apply to fund additional infrastructure needs.
For further information, refer to Infrastructure Contributions Plans.