Quantity Surveying

The Quantity Surveying involves analyzing the design/cost relationships, controling the budget and also dealing with the financial administration of a project. A Quantity Surveyor provide an expert cost advice which is essential if a building is to be designed and constructed optimally within the clients brief and budget. Quantity Surveying involves the following:

A) Pre-Contract Stage

• Budget Estimates
• Feasibility Studies/Developers Budget
• Preparation of Cash Flow Projections
• Cost Planning and Control
• Advice on project finance
• Preparation of Bills of Quantities and Specifications
• Tendering Procedures and Advice on Contracts
• Tender Evaluation and Reporting
• Negotiation with Contractors

 

B) Post-Contract/Implementation Stage

• Preparation of Interim Valuations
• Evaluating Variations and Contractors’ Claims
• Preparation of Financial Appraisals
• Preparation of Final Accounts
• Contract Dispute Resolution Mechanisms including Arbitration