PROFESSIONAL / PRACTICE QUANTITY SURVEYING

PROFESSIONAL / PRACTICE QUANTITY SURVEYING

Our approach to Professional/ Practice Quantity Surveying (also known as a PQS) is to manage the costs and legal processes of the building project on behalf of the project owner. Part of the PQS role is to prepare cost plans, forecasts, cash flow projections and statements of expenditure as well as contractual documentation. In most cases, initial, interim and final account payments are calculated for the contractor and are based on the work satisfactorily completed at the valuation date. This is usually done with reference to the original priced document (bill of quantities, schedule of rates, schedule of works or priced specification). Interim payments can also take account of agreed changes (variations).

Typically PQS duties are categorised in 2 stages; Pre-Contract and PostContract, both have different services. Depending on the stage your project is at, we can be engaged for Pre and Post separately, or both. We can provide:

Pre-Contract Services:

  • Initial Budget Estimate
  • Cost Plans including measurement value engineering and design development
  • Advice on procurement routes
  • Advice on different forms of contract
  • Formulisation of Bills of Quantities or Schedule of Works
  • Undertaking value engineering, comparative design studies
  • Cashflow projections
  • Advice on selecting contractors
  • Prepare tender pack
  • Manage tender process
  • Pre-Tender Estimate including tender documentation
  • Evaluate returned tenders and provide tender report
  • Recommendation of Contractor
  • Preparation and production of Contract Documentation

 

Post-Contract Services:

  • Monthly Valuations
  • Analysis of application submission and certification
  • Variations analysis and agreement
  • Monthly Financial Report including forecast final cost
  • Final Account agreements
  • Attending monthly meetings with Client and Engineer
  • Reporting on, evaluating and negotiating contractual issues