Quantity surveyor
From Infogalactic: the planetary knowledge core
A quantity surveyor (QS) is a professional working within the construction industry concerned with construction costs and contracts.
Services provided by a quantity surveyor may include:
- Cost planning and commercial management throughout the entire life cycle of the project from inception to post-completion
- Value engineering
- Risk management and calculation
- Procurement advice and assistance during the tendering procedures
- Tender analysis and agreement of the contract sum
- Commercial management and contract administration
- Assistance in dispute resolution
- Asset capitalisation
- Interim valuations and payment assessment
- Cost management process
- Assessing the additional costs of design variations
- Production of company pre-qualification questionnaire (PQQ) documentation in line with company policies.
Contents
Traditional quantity surveying services
- Cost planning
- Estimating
- Contracts negotiation
- Procurement advice
- Preparing Bill of Quantities (BOQ)
- Monitoring Budget
- Preparation of Payment Invoice and certification
- Assessment of variations
- Dispute resolution
- Preparing feasibility studies
- Cost control
- Value engineering
- Advice on cost limits and budgets
- Whole life cycle costing
- Valuation for insurance purposes
- Project management
- Advice on contractual disputes
- Preparation of final account
Professional duties
Pre-contract
- Provide procurement and contractual advice
- Provide 'Order of Magnitude' costs for construction projects
- Refine, monitor and control costs during design development
- Prepare contract documentation
- Prepare pre-tender
Tender review
- Identify cost-risks in tender returns
- Prepare tender reports
- Recommend preferred tenderer
- Estimates tenure of the project
