Quantity Surveyor

The title of Quantity Surveyor is broken down into two parts. We survey the project documentation or project itself to quantify the necessary materials and labour to build it which is known as Cost Planning. With this main skill set, We as Quantity Surveyors can provide other services such as; Project Auditing and Specific Cost Planning Services. We are sometimes referred to as Building Cost
Planners or Cost Engineers. 

Our Services

Project Auditing Services are services Quantity Surveyors primarily provide to the banks who intend to provide a construction loan for a Developer, Builder or Home Owner. The banks engage a Quantity Surveyor to specifically look after the banks interest and mitigate construction budget risks. This is performed throughout the project life cycle. Initially the Quantity Surveyor will carry out their own detailed cost assessment of the project building cost and check it against the intended the building cost put forward by the banks client. If the Quantity Surveyors costings is higher than the clients nominated budget amount. Than the bank will need to confirm that the client has capacity to borrow the extra over amount to ensure the total loan is sufficient to carry out the construction in its entirety.

During the construction phase, the bank with call on the Quantity Surveyor to assess every progress claim or variation put forward by their client. This is carried out by conducting a site inspection to confirm works to complete to date onsite or assess proposed variations. This will ensure that as per the Quantity Surveyors recommendation, that the bank pays the correct amount to the client to pay the builder / subcontractor based on works completed to date and / or that the proposed variation can be approved as it is justifiable. Or the variation is rejected because it is not warranted due to being already required in the original scope of work or the proposed variation amount is way over market rates and needs to be reigned into current market conditions to be approved.

 

 

Quantity Surveyor – Initial Report

The Quantity Surveyor will provide an initial report to the bank performing due diligence by ensuring all necessary project documentation has been provided to carry out the project, obtaining builder licence details / insurances and do a check to confirm that they are current and that there is no suspensions or fines imposed on the builder which are major alarm bells.

Who We Help

Architects & Designers

We help to ensure your proposed designs  stay within clients budgets

 

Builders

 We partner to help you win more projects and ensure you are up to date with subcontractor market rates

Home Owners

Don’t get caught out with overpriced builders

Developers

 We partner to help you profit

We as Registered Quantity Surveyors provide Specific Cost Planning Services like:

  • Council Cost Summary Report for clients so Council can ascertain the Section 94 Contributions
  • Conduct and provide a Cost to Complete or Cost Completed to Date Report for a Project and Work out Remediation
  • Rectification Costs for a Building Consultant to use in their report to be used in their Clients claim against a third party

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NEWIN BUILDING ESTIMATING SERVICES

Building & Estimation Services in Sydney and Melbourne

SYDNEY OFFICE
Level 9 Avaya House 123 Epping Road
Macquarie Park  NSW 2113
Call: 02 8875 7753

MELBOURNE OFFICE
Level 27 101 Collins Street
Melbourne VIC 3000
Call: 03 8680 2550

Email: info@newin.com.au
Operating Times: 8.30am to 5.30pm Monday- Friday

 

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