Thursday 12 June 2014

Building / Asset Quantity Surveying Services

  




Offers cost management and quantity surveying (QS) services on a gigantic range of construction projects, including buildings, civil engineering, industrial, infrastructure and major highways projects. The organization's QS specialists are an integral part of the design and project management team on projects of all sizes and levels of complication. What sets BVI apart is that its cost managers and quantity surveyors are fully integrated into the engineering environment to provide an effective means of achieving the client's objectives. They contribute to projects with in-depth knowledge of built environment design and the concerns of designers and clients. They share the organization's commitment to sustainable development, project performance and life-cycle analysis. Design decisions and cost control, the capital cost of a construction project is largely determined by decisions made by the client with their design team. The best outcomes are possible when each decision on the scope or quality of the project is made in the full knowledge of its impact on cost and the value that it provides to the client’s business. BVI's teams know that effective cost management comes from total integration into the design process. As full members of the project team, they use proven procedures and systems designed to give full access to current information on the budget and forecast cost to completion, thereby helping to shape the evolving design to match the client’s aspirations. Cost control and value management, Cost planning and value management include the evaluation of alternative design against the client’s value criteria for function, quality and durability. The evaluation techniques enable the design team to optimise the design to fit within the client's budget.


               Cost control is achieved through formal change control procedures and regular cost reporting. This is designed to give up to-date cost information to the client and the designers and to provide a full audit trail of changes against an approved budget. Procurement, tendering and contract administration, BVI's project and cost management team includes experienced quantity surveyors based around the world. Their services range from project conception to design development and include advice on procurement and tendering methodologies, management of the procurement process from tenderer selection through tender evaluation to contract award, and post-contract administration, leading to the agreement of the final account, including the resolution of potential contractual disputes. Knowledge sharing through the firm's internal networks allows resources and experience to be drawn from many locations around the firm to support and supplement core teams.
  
About Quantity Surveying

                       Quantity Surveying is generally related with the estimation, planning and control of the cost on construction projects. It cover a wide range of activities including cost estimation, cost planning, value engineering, feasibility studies, cost benefit analysis, lifecycle costing and valuation. Efficient and effective utilization of resources (Material and Manpower) is the main objective of a Quantity Surveyor.

Responsibilities of Quantity Surveyor

                 A Quantity Surveyor (QS) is a professional working within the Construction Industry concerned with construction costs and contracts. A Quantity Surveyor can identify and collate the costs involved in order to develop an overall budget for any project. They can then undertake cost planning which aims to help all members of the design team arrive at practical solutions and stay within the project budget. It is the final detailed estimate prepared by the Quantity Surveyors, in consultation with a project architect, which forms a basis on which subsequent tenders can be evaluated. Schedules of quantities translate the drawing, plans and specifications produced by the design team to enable each contractor to calculate tender prices fairly, on exactly the same basis as the competitors. Once tenders have been accepted, the Quantity Surveyor can provide cash flow data to enable a client to programme his resources adequately to meet contract commitments. In other words, the Quantity Surveyor decides how much of a job should be paid for at any one time. With interest rates the way they are, no one wants to hand over money before it is due.

Responsibilities of Professional Quantity Surveyor

 A Professional Quantity Surveyor (PQS) may perform the following functions:

·  Prepare and evaluate construction and development tenders from information provided by architects, engineers and other design consultants and negotiate and award contracts to successful proponents;

·   Manage, administer and co-ordinate all types of construction and development projects, including contracts and sub-contracts, construction progress schedules, cost control systems, and work measurements;

·    Prepare, submit and manage progress invoices, valuation of changes and finalize contracts;

·     Provide advice on construction cost and strategic planning to prospective owners, architects, engineers and public authorities;

·   Prepare and interpret tender documents, specifications, general conditions, and other parts and forms of contracts;

·      Prepare and submit estimates for construction and development work;

·    Provide commercial advice and support to construction and development project works;

·      Conduct or participate in arbitration and court hearings;

·      Research, negotiate and support dispute resolution activities;

·     Functions of a Construction Estimator Certified professional.

A Professional Quantity Surveyor has a detailed and comprehensive knowledge of construction and construction methods, as well as the laws relating to construction projects and accounting, in order to provide cost and financial advice.

A Professional Quantity Surveyor may specialize in mechanical or electrical disciplines, but all Professional Quantity Surveyors must have a working knowledge of the practical aspects and design features of both fields.

Services provided by a Quantity Surveyor - brief

1. Investment Appraisal
2. Insolvency Services
3. Cost Planning
4. Cost Management Process
5.  Cost Control
6.  Advice on Cost Limits and Budgets
7.  Whole Lifecycle Costing
8.  Technical Auditing
9.  Commercial Management
10. Contract Administration or Management
11.  Sub Contract Administration
12.  Value Engineering
13.  Value Management
14.  Valuation for Insurance Purposes
15.  Risk Management
16.  Risk Analysis
17.   Procurement Advice
18.   Assistance during Tendering Procedures
19.   Assistance in Dispute Resolution
20.  Advice on Contractual Disputes
21.   Asset Capitalization
22.   Interim Payment Assessment
23.  Claim the extra Cost of the Design Variation
24.   Estimating
25.   Prepare Pre-tender estimates
26.   Prepare Contract Documents
27.   Prepare Tender Report
28.   Recommended preferred Tenderer
29.   Contracts negotiation
30.   Procurement advice
31.    Preparing Bill of Quantities (BOQ)
32.    Monitoring Budget
33.    Preparation of Payment Invoice and Certification.
34.    Assessment of variations
35.    Preparing feasibility studies
36.    Environment Services Measurement and Costing
37.    Planning and Supervision
38.    Project Management
39.    Administering Maintenance Programmes

For Further Details, Please Click below Link:

Building Valuation in India,
Chennai – 600 0125,
Mobile: +91 9500614340









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