An insulated concrete form panel assembly for constructing insulated
concrete walls includes a frame comprising a plurality of steel studs and
at least two cross members that connect the studs together. A pair of
insulating panels are fastened to and span respective inner and outer
opposing sides of the frame so as to define concrete receiving cavities
between the panels and the studs. A brick ledge may be constructed by
separating a laterally extending, generally rectangular elongated mid
portion of the outer insulating panel from a remainder of the outer
insulating panel. An upper edge of the mid portion is then moved a
predetermined distance outward from the remainder of the outer insulating
panel such that the mid portion is disposed in a desired position at an
angle to the remainder of the outer insulating panel. The mid portion is
then secured in the desired position relative to the frame.