Why use a Quantity Surveyer?
The quantity surveyor emerged in England at the beginning of
the nineteenth century, although the firm of Henry Cooper and Sons of Reading
was established as early as 1785. The Quantity Surveyor (QS), can also be known
in the development and construction industries as a Construction Economist or
even a Cost Manager.
The Quantity Surveyor is the financial
consultant of the construction industry and his training and experience qualify
him to advise on cost and contractual arrangements and to prepare tender
procurements and contract documents. He acts in conjunction with the
architect, consulting engineers, other professional consultant and contractor to
safeguard the clients interest.
The title quantity surveyor was reserved under
the Quantity Surveyor's Act of 1970 for exclusive use by those who had obtained
the necessary qualifications and experience prescribed under the Act. In
terms of it, such persons must register with the South African Council for
Quantity Surveyors before they may offer their service as consultants to the
public.
Quantity surveyors are required to comply with
a strict code on professional conduct which includes responsibility to their
employers or clients and to their profession having full regard to the public
interest, conducting themselves so as to uphold the dignity and reputation of
the profession and discharging their duties to their employers and clients in an
efficient and competent manner with complete fidelity and without undue delay.
The range of services offered by Quantity Surveyors
Firms generally offer a wide range of services. SVP
specializes in and can provide you with the following services:
Standard Quantity Surveying Services:
- Initial budget and financial viability studies prior to
detailed design
- Preliminary cost studies, comparing alternative materials
and designed in terms of capital, operating, maintenance and depreciation
costs.
- Monitoring and evaluating design as it evolves, to ensure
compatibility with the clients budget.
- Advising on contractual arrangements and preparing tender
procurement documents (these documents may or may not include bills of
quantities, according to the circumstances)
- Investigating, checking and reporting on the suitability
of submitted tenders
- Negotiating contract sums
- Cash flow predictions
- Cost management and reporting
- Valuation of work done during construction
- Determining final costs
- Settlement of final building costs with the contractor
and sub-contractors
Other Services:
Many professional quantity surveyors are also experienced in
providing the following specialist services:
- Acting as Project Manager
- Advising on property development
- Evaluating buildings, i.e. replacement valuations for
fire insurance, risk management, value engineering, etc.
- Acting as Principal Agent
- Settling of disputes i.e. acting as expert witnesses etc.
- Assisting with fast track\turnkey construction projects
- Advising on maintenance programs and cost predictions for
buildings and installations
- Full services for projects in heavy engineering, mining
and petro-chemical industries
Quantity Surveyors Fees
The fees charged by professional quantity surveyors are
commensurate with the work done for their clients and are base on the following
options:
- Percentage fee based on the tariff recommended by The
South African Council for the Quantity Surveying Profession.
- An agreed percentage of the contract value
- A time charge
- An agreed lump-sum fee
- Any other agreed fee negotiated between the client and
the quantity surveyor
Advantages of Employing a Quantity Surveyor
- Maximum value for money
- Expert Advice
- An end result of successful financial management
of the project
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How to select a QS
- Make sure they are a member of your country's Institute
of Quantity Surveyors.
- Meet and discuss your project
- Discuss the range of services you require and if you
don't understand the service, ask for an explanation
- Ask about the likely fees you will have to pay. At
this stage you will not get firm fee as the project parameters have not been
determined.
- Make sure you feel comfortable and get the responses you
want.
- Ask to look at examples of projects they have done and
talk to former clients