Quantity surveyors estimate and monitor construction costs, from the feasibility stage to completion of a construction project.

They can also assist in the refurbishment of old buildings, the alterations of existing buildings and advise on insurance replacement estimates.

The name ‘Quantity Surveyor” comes from the document that itemises the quantities of materials and labour in a construction project, called the “Bill of Quantities”.

Quantity surveyors also create Tax depreciation schedules, replacement cost estimation (insurance) and can even attend mediation and arbitration.

Quantity surveyors also liase with architects, financiers, engineers, contractors, suppliers, project owners, accountants, insurance underwriters, solicitors, courts and all levels of government.

At feasibility stage, they advise the owners of the most economical way to achieve their requirement, using techniques such as cost planning, estimating, cost analysis, cost-in-use studies and value management.

During the design phase they ensure that the project remains on budget through Cost Management.

On completion of the design phase, they will prepare a Bill of Quantities, which is used by contractors in submitting tenders.

Once the project is at construction phase, the surveyors will value the progress payments at regular intervals. They will also value changes to design or quantities that may arise, referring to the Bill of Quantities rates, and will prepare claims for progress payments and any additional work.

Once construction is complete, Quantity Surveyors can produce depreciation schedules and provide advice on insurance replacement costs.

When construction disputes arise, Quantity Surveyors are often called on as expert witnesses and can even act as arbitrators.

The best property management software allows you to collect rent, manage maintenance requests, generate vacancy listings with robust accounting and reporting, on a platform that is intuitive and responsive.

RealRenta is easy to use from the second you sign up.

RealRenta has a mobile-responsive interface with full functionality, which means you can take all of your property management tasks with you wherever you go.

Try RealRenta for Free now for up to 2 months and you will NEVER pay a Property Manager again: https://app.realrenta.com/Signup.aspx